To amend the Small Business Act to provide for contracting preferences and other benefits for emerging business enterprises, and for other purposes.
Emerging Business Encouragement Act of 2022
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.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E1329)
Referred to the House Committee on Small Business.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line