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Federal Contracting Fairness Act of 2022
3/13/2024, 6:50 AM
Congressional Summary of S 5044
Federal Contracting Fairness Act of 2022
This bill makes various revisions to the Small Business Administration 8(a) Business Development program, which assists small businesses owned by socially and economically disadvantaged individuals participate in federal contracting. For example, the bill (1) allows participants to opt in to a ramp-up period if they meet certain requirements, and (2) increases the threshold for certain sole-source loans.
Read the Full Bill
Current Status of Bill S 5044
Bill S 5044 is currently in the status of Bill Introduced since September 29, 2022. Bill S 5044 was introduced during Congress 117 and was introduced to the Senate on September 29, 2022. Bill S 5044's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of September 29, 2022
Bipartisan Support of Bill S 5044
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 5044
Primary Policy Focus
CommerceAlternate Title(s) of Bill S 5044
Federal Contracting Fairness Act of 2022
Federal Contracting Fairness Act of 2022
A bill to improve the Federal contracting programs of the Small Business Administration, and for other purposes.
Comments
Sponsors and Cosponsors of S 5044
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