Accelerating Small Business Growth Act

Hozzl · 2023-12-15T16:09:40Z

Explore the details of Senate Bill 3375 Accelerating Small Business Growth Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

12/15/2023, 4:09 PM

Summary of Bill S 3375

Bill 118 s 3375, also known as the Accelerating Small Business Growth Act, is a piece of legislation introduced in the US Congress with the aim of promoting the growth and success of small businesses in the country. The bill focuses on providing support and resources to small businesses to help them thrive and expand.

One key aspect of the bill is the establishment of a Small Business Investment Company (SBIC) program, which would provide funding and investment opportunities to small businesses. This program aims to help small businesses access the capital they need to grow and create jobs.

Additionally, the bill includes provisions to streamline regulations and reduce red tape for small businesses. This would make it easier for small businesses to navigate the regulatory environment and focus on their growth and success. Overall, the Accelerating Small Business Growth Act is designed to support and empower small businesses in the US, with the goal of boosting economic growth and creating opportunities for entrepreneurs.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill S 3375

Bill S 3375 is currently in the status of Bill Introduced since November 30, 2023. Bill S 3375 was introduced during Congress 118 and was introduced to the Senate on November 30, 2023. Bill S 3375's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. as of November 30, 2023

Bipartisan Support of Bill S 3375

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 S 3375

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 3375

Accelerating Small Business Growth Act

A bill to establish a program so that business concerns owned and controlled by socially and economically disadvantaged individuals may achieve proficiency to compete, on an equal basis, for contracts and subcontracts in Department of Transportation projects, and for other purposes.