HR 6565 · 115th Congress · Commerce

Emerging Business Encouragement Act of 2018

Introduced 2018-07-26· Sponsored by Rep. Carson, Andre [D-IN-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2018-07-26)

Plain Language Summary

[AI summary unavailable — showing source text] Emerging Business Encouragement Act of 2018 This bill directs the Small Business Administration (SBA) to establish criteria and procedures for small businesses to be designated as emerging business enterprises. The bill provides for various benefits to such enterprises, such as by authorizing the SBA to waive various loan fees, and requires federal agencies to award at least 3% of contracts in each fiscal year to such enterprises.…

Summarized by Claude AI · Non-partisan · For informational purposes only