Small Business Cybersecurity Enhancement Act

Hozzl · 2022-12-29T08:48:24Z

Explore the details of House Bill 9443 Small Business Cybersecurity Enhancement Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

12/29/2022, 8:48 AM

Summary of Bill HR 9443

The Small Business Cybersecurity Enhancement Act, also known as Bill 117 hr 9443, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to enhance cybersecurity measures for small businesses in the United States.

The bill proposes several key provisions to achieve this goal. Firstly, it calls for the establishment of a Small Business Cybersecurity Assistance Unit within the Department of Homeland Security. This unit would be responsible for providing resources and guidance to small businesses to help them improve their cybersecurity practices.

Additionally, the bill aims to increase collaboration between the federal government and small businesses by requiring the Department of Homeland Security to develop a cybersecurity strategy specifically tailored to the needs of small businesses. This strategy would include recommendations for best practices, training programs, and other resources to help small businesses protect themselves from cyber threats. Furthermore, the bill includes provisions to incentivize small businesses to invest in cybersecurity measures. This includes offering grants and other financial assistance to help small businesses implement cybersecurity solutions and improve their overall cybersecurity posture. Overall, the Small Business Cybersecurity Enhancement Act seeks to address the growing threat of cyber attacks on small businesses by providing them with the resources and support they need to protect themselves. By enhancing cybersecurity measures for small businesses, this bill aims to strengthen the overall cybersecurity landscape in the United States.

Congressional Summary of HR 9443

Small Business Cybersecurity Enhancement Act

This bill authorizes the Small Business Administration to guarantee up to 90% of the amount of a loan made to a small business that has 100 or fewer employees, has been in business for at least one year, and has obtained training from a small business development center. The loan guarantee must be used for the acquisition of cybersecurity technology and services and the cost of the installation or use of such technology and services.

For purposes of this bill, cybersecurity technology and services excludes information technology whose sole use is financial management, maintenance of inventory of basic supplies, or appointment scheduling.

Read the Full Bill

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Current Status of Bill HR 9443

Bill HR 9443 is currently in the status of Bill Introduced since December 6, 2022. Bill HR 9443 was introduced during Congress 117 and was introduced to the House on December 6, 2022. Bill HR 9443's most recent activity was Referred to the House Committee on Small Business. as of December 6, 2022

Bipartisan Support of Bill HR 9443

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 9443

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 9443

Small Business Cybersecurity Enhancement Act

To amend the Small Business Act to provide loan guarantees for the acquisition of cybersecurity technology and services by eligible small businesses, and for other purposes.