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Support Small Business R & D Act of 2020
3/2/2022, 4:13 PM
Congressional Summary of S 3291
Support Small Business R & D Act of 2020
This bill requires the Small Business Administration (SBA) to provide resources to small businesses relating to available federal income tax credits.
Specifically, the bill requires the SBA, in consultation with the Internal Revenue Service, to provide and make available, both in-person and online, training and information about federal income tax credits that benefit small businesses and startups. This training and information shall have a particular focus on credits for research and experimentation.
In addition, the bill requires small business development centers to provide such training and information as part of the services they render to small businesses and startups.
Read the Full Bill
Current Status of Bill S 3291
Bill S 3291 is currently in the status of Bill Introduced since February 13, 2020. Bill S 3291 was introduced during Congress 116 and was introduced to the Senate on February 13, 2020. Bill S 3291's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of February 13, 2020
Bipartisan Support of Bill S 3291
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3291
Primary Policy Focus
CommercePotential Impact Areas
- Business education
- Congressional oversight
- Government information and archives
- Income tax credits
- Research and development
- Small business
- Veterans' education, employment, rehabilitation
- Women in business
Alternate Title(s) of Bill S 3291
Support Small Business R & D Act of 2020
Support Small Business R & D Act of 2020
A bill to amend the Small Business Act to expand tax credit education and training for small businesses that engage in research and development, and for other purposes.
Comments
Sponsors and Cosponsors of S 3291
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