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Disadvantaged Business Enterprise Supportive Services Expansion Act
3/13/2024, 4:37 PM
Summary of Bill S 3377
Bill 118 s 3377, also known as the Disadvantaged Business Enterprise Supportive Services Expansion Act, aims to provide additional support to disadvantaged business enterprises (DBEs) in the United States. The bill seeks to expand the services available to DBEs, which are businesses owned and operated by individuals who are socially and economically disadvantaged.
The key provisions of the bill include increasing funding for supportive services such as business development assistance, training programs, and access to capital for DBEs. These services are intended to help DBEs grow and succeed in the marketplace, ultimately increasing their participation in government contracts and other business opportunities.
Additionally, the bill includes measures to improve the certification process for DBEs, making it easier for eligible businesses to become certified and access the support services provided. This streamlining of the certification process is aimed at reducing barriers for DBEs and increasing their participation in government contracting. Overall, the Disadvantaged Business Enterprise Supportive Services Expansion Act is designed to level the playing field for DBEs and promote their success in the business world. By providing additional support and resources, the bill aims to empower DBEs to compete and thrive in the marketplace.
The key provisions of the bill include increasing funding for supportive services such as business development assistance, training programs, and access to capital for DBEs. These services are intended to help DBEs grow and succeed in the marketplace, ultimately increasing their participation in government contracts and other business opportunities.
Additionally, the bill includes measures to improve the certification process for DBEs, making it easier for eligible businesses to become certified and access the support services provided. This streamlining of the certification process is aimed at reducing barriers for DBEs and increasing their participation in government contracting. Overall, the Disadvantaged Business Enterprise Supportive Services Expansion Act is designed to level the playing field for DBEs and promote their success in the business world. By providing additional support and resources, the bill aims to empower DBEs to compete and thrive in the marketplace.
Read the Full Bill
Current Status of Bill S 3377
Bill S 3377 is currently in the status of Bill Introduced since November 30, 2023. Bill S 3377 was introduced during Congress 118 and was introduced to the Senate on November 30, 2023. Bill S 3377's most recent activity was Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5694-5695) as of November 30, 2023
Bipartisan Support of Bill S 3377
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3377
Primary Policy Focus
Transportation and Public WorksPotential Impact Areas
- Aviation and airports
- Employment and training programs
- Minority and disadvantaged businesses
- Public contracts and procurement
- Public-private cooperation
- Roads and highways
- Small business
- State and local government operations
Alternate Title(s) of Bill S 3377
Disadvantaged Business Enterprise Supportive Services Expansion Act
Disadvantaged Business Enterprise Supportive Services Expansion Act
A bill to provide for disadvantaged business enterprise supportive services programs at modal administrations of the Department of Transportation, and for other purposes.
A bill to provide for disadvantaged business enterprise supportive services programs at modal administrations of the Department of Transportation, and for other purposes.
Comments
Sponsors and Cosponsors of S 3377
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