Small Business Administration Rural Performance Report Act

3/18/2024, 10:20 PM

Small Business Administration Rural Performance Report Act

This bill requires the Small Business Administration (SBA) to report on its efforts to promote businesses and agricultural economies in rural areas.

Specifically, the SBA must report about the activities of the Office of Rural Affairs, including how the office is promoting the availability of financial assistance for small businesses located in rural areas.

The SBA also must report on its collaboration with the Department of Agriculture pursuant to the memorandum of understanding the agencies entered into on April 4, 2018, including the extent to which the SBA remains involved with the working groups convened under the memorandum.

Congress
118

Number
HR - 5265

Introduced on
2023-08-25

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

2/29/2024

Status of Legislation

Bill Introduced
Introduced to House
Passed in House
Introduced to Senate
Senate to Vote

Purpose and Summary

Small Business Administration Rural Performance Report Act

This bill requires the Small Business Administration (SBA) to report on its efforts to promote businesses and agricultural economies in rural areas.

Specifically, the SBA must report about the activities of the Office of Rural Affairs, including how the office is promoting the availability of financial assistance for small businesses located in rural areas.

The SBA also must report on its collaboration with the Department of Agriculture pursuant to the memorandum of understanding the agencies entered into on April 4, 2018, including the extent to which the SBA remains involved with the working groups convened under the memorandum.

Alternative Names
Official Title as IntroducedTo amend the Small Business Act to require a report on the performance of the Office of Rural Affairs, to require a report on the memorandum of understanding between the Small Business Administration and the Department of Agriculture entered into on April 4, 2018, and for other purposes.

Policy Areas
Commerce

Potential Impact
Congressional oversight
Economic development
Economic performance and conditions
Government studies and investigations
Rural conditions and development

Comments

Recent Activity

Latest Summary3/8/2024

Small Business Administration Rural Performance Report Act

This bill requires the Small Business Administration (SBA) to report on its efforts to promote businesses and agricultural economies in rural areas.

Specifically, the...


Latest Action2/29/2024
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.