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Accelerating Small Business Growth Act

12/29/2022, 9:48 PM

Summary of Bill HR 6923

Bill 117 HR 6923, also known as the Accelerating Small Business Growth Act, aims to support and promote the growth of small businesses in the United States. The bill was introduced in the House of Representatives and is currently under consideration by Congress.

The main provisions of the bill include measures to streamline regulations and reduce red tape for small businesses, making it easier for them to operate and expand. It also includes provisions to provide financial assistance and resources to small businesses, such as access to capital and technical assistance programs.

Additionally, the bill seeks to promote entrepreneurship and innovation by encouraging small businesses to develop new products and services. It also aims to increase access to government contracts for small businesses, helping them to compete more effectively in the marketplace. Overall, the Accelerating Small Business Growth Act is designed to create a more favorable environment for small businesses to thrive and grow, ultimately contributing to the overall economic growth and prosperity of the United States. It is an important piece of legislation that has the potential to have a positive impact on the small business community and the economy as a whole.

Current Status of Bill HR 6923

Bill HR 6923 is currently in the status of Bill Introduced since March 3, 2022. Bill HR 6923 was introduced during Congress 117 and was introduced to the House on March 3, 2022.  Bill HR 6923's most recent activity was Referred to the Subcommittee on Highways and Transit. as of March 4, 2022

Bipartisan Support of Bill HR 6923

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

Policy Area and Potential Impact of Bill HR 6923

Primary Policy Focus

Commerce

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