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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.
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.
Read the Full Bill
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
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
0Republican Cosponsors
4Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1470
Primary Policy Focus
CommerceAlternate 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.
Comments
Sponsors and Cosponsors of S 1470
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