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HR 1538 118th Congress House Commerce

Emerging Business Encouragement Act of 2023

Introduced: March 10, 2023 Introduced by: Carson, André Democratic · Indiana See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 10, 2023
Referred to the House Committee on Small Business.
Mar 10, 2023
Sponsor introductory remarks on measure. (CR E209)
Mar 10, 2023
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now March 10, 2023

Referred to the House Committee on Small Business.

 Committees of jurisdiction 1