A bill to amend the Small Business Act relating to small business concerns owned and controlled by women, and for other purposes.
Empowering Women in Small Business Act
This bill permits certain women-owned small businesses to retain for seven years their certification under the Small Business Administration's Women-Owned Small Business (WOSB) Federal Contracting program even if the ownership interests in the small business are held by a licensed small business investment company that would otherwise reduce the ownership percentage below the threshold required for participation in the WOSB program.
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
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