HR 1538 · 118th Congress · Commerce
Emerging Business Encouragement Act of 2023
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Small Business.(2023-03-10)
Plain Language Summary
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Emerging Business Encouragement Act of 2023 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 waiving various loan fees and requiring 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
Cosponsors (18)
18 Democrats