S 1259 · 94th Congress · Government Operations and Politics
Small Business Emergency Relief Act
Bill Progress
✓
Introduced✓
Committee3
Senate Vote4
House5
EnactedLatest: Measure indefinitely postponed in Senate, H. R. 5541 passed in lieu.(1975-10-30)
Plain Language Summary
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Small Business Emergency Relief Act - Authorizes the head of any executive agency to terminate for the convenience of the Government any fixed-price contract between that agency and a small business concern encountering significant and unavoidable difficulties during performance because of the energy crisis or rapid and unexpected escalations of contract costs. Specifies the documentation and certification required of a small business concern to support such a request for relief. Gives to the term "small business concern" the same meaning for the purpose of this Act as such term has for purposes of the Small Business Act. States that the authority conferred by this Act shall terminate December 31, 1975.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (13)
8 Democrats5 Republicans