SPUR Act

12/15/2023, 3:58 PM

Small-business Procurement Utilization Reform Act or the SPUR Act

This bill raises from 23% to 25% the government-wide goal for participation by small businesses in procurement contracts.

The SPUR Act, also known as Bill 118 hr 3716, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to provide funding and support for infrastructure projects in rural areas across the country. The SPUR Act aims to improve the quality of life for residents in rural communities by investing in projects such as road and bridge construction, water and wastewater systems, and broadband internet access.

The bill proposes to allocate $10 billion in federal funding over the next five years to support these infrastructure projects. This funding would be distributed through grants to state and local governments, as well as to private sector partners. The SPUR Act also includes provisions to streamline the permitting process for these projects, in order to expedite their completion and ensure that they are carried out efficiently.

Supporters of the SPUR Act argue that investing in rural infrastructure is crucial for economic development and job creation in these communities. They believe that improving infrastructure in rural areas will attract businesses, create new opportunities for residents, and help bridge the gap between urban and rural areas in terms of access to essential services. Opponents of the bill may argue that the $10 billion in federal funding could be better spent elsewhere, or that the government should not be involved in funding infrastructure projects at all. They may also raise concerns about the potential impact of these projects on the environment, or question the effectiveness of the proposed streamlining measures. Overall, the SPUR Act represents a significant effort to address the infrastructure needs of rural communities in the United States. As Congress debates this bill, it will be important to consider the potential benefits and drawbacks of investing in rural infrastructure, and to weigh the long-term impact of these projects on the country as a whole.
Congress
118

Number
HR - 3716

Introduced on
2023-05-25

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

5/25/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Small-business Procurement Utilization Reform Act or the SPUR Act

This bill raises from 23% to 25% the government-wide goal for participation by small businesses in procurement contracts.

The SPUR Act, also known as Bill 118 hr 3716, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to provide funding and support for infrastructure projects in rural areas across the country. The SPUR Act aims to improve the quality of life for residents in rural communities by investing in projects such as road and bridge construction, water and wastewater systems, and broadband internet access.

The bill proposes to allocate $10 billion in federal funding over the next five years to support these infrastructure projects. This funding would be distributed through grants to state and local governments, as well as to private sector partners. The SPUR Act also includes provisions to streamline the permitting process for these projects, in order to expedite their completion and ensure that they are carried out efficiently.

Supporters of the SPUR Act argue that investing in rural infrastructure is crucial for economic development and job creation in these communities. They believe that improving infrastructure in rural areas will attract businesses, create new opportunities for residents, and help bridge the gap between urban and rural areas in terms of access to essential services. Opponents of the bill may argue that the $10 billion in federal funding could be better spent elsewhere, or that the government should not be involved in funding infrastructure projects at all. They may also raise concerns about the potential impact of these projects on the environment, or question the effectiveness of the proposed streamlining measures. Overall, the SPUR Act represents a significant effort to address the infrastructure needs of rural communities in the United States. As Congress debates this bill, it will be important to consider the potential benefits and drawbacks of investing in rural infrastructure, and to weigh the long-term impact of these projects on the country as a whole.
Alternative Names
Official Title as IntroducedTo amend the Small Business Act to increase the governmentwide goal for the percentage of procurement contracts awarded to small business concerns, and for other purposes.

Policy Areas
Commerce

Comments

Recent Activity

Latest Summary7/24/2023

Small-business Procurement Utilization Reform Act or the SPUR Act

This bill raises from 23% to 25% the government-wide goal for participation by small businesses in procurement contracts.


Latest Action5/25/2023
Referred to the House Committee on Small Business.