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Accountability in Women-Owned Small Business Contracting Act

3/11/2024, 5:13 PM

Summary of Bill S 1470

Bill 118 s 1470, also known as the Accountability in Women-Owned Small Business Contracting Act, aims to increase transparency and accountability in the awarding of federal contracts to women-owned small businesses. The bill requires the Small Business Administration (SBA) to conduct annual reviews of federal agencies' compliance with the Women-Owned Small Business Federal Contract Program.

The bill also requires the SBA to report to Congress on the number of contracts awarded to women-owned small businesses, as well as the amount of money awarded through these contracts. Additionally, the SBA must provide recommendations for improving the program and increasing opportunities for women-owned small businesses to compete for federal contracts.

Overall, the Accountability in Women-Owned Small Business Contracting Act seeks to ensure that women-owned small businesses have equal access to federal contracting opportunities and that federal agencies are held accountable for meeting their contracting goals.

Current Status of Bill S 1470

Bill S 1470 is currently in the status of Bill Introduced since May 4, 2023. Bill S 1470 was introduced during Congress 118 and was introduced to the Senate on May 4, 2023.  Bill S 1470's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of May 4, 2023

Bipartisan Support of Bill S 1470

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
0
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1470

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 1470

Accountability in Women-Owned Small Business Contracting Act
Accountability in Women-Owned Small Business Contracting Act
A bill to amend the Small Business Act relating to small business concerns owned and controlled by women, and for other purposes.

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