Title: United States Virgin Islands Small Business Contracting Assistance Act of 2018
Policy area: Commerce

Summary:
United States Virgin Islands Small Business Contracting Assistance Act of 2018
This bill provides for various programs to promote small business concerns located in the U.S. Virgin Islands, such as by (1) doubling the credit that a federal agency receives for awarding a prime contract to such businesses for the purposes of determining the agency's compliance with small business procurement goals, (2) allowing the Small Business Administration (SBA) to waive certain requirements when transferring surplus U.S. government property or technology to such businesses, and (3) directing the SBA to identify potential incentives to contractors that subcontract to such businesses under the SBA Mentor-Protege Program.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5929 Introduced in House (IH)]

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115th CONGRESS
  2d Session
                                H. R. 5929

To amend the Small Business Act to provide for small business concerns 
  located in the United States Virgin Islands, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 23, 2018

 Ms. Clarke of New York (for herself, Ms. Plaskett, and Ms. Velazquez) 
 introduced the following bill; which was referred to the Committee on 
                             Small Business

_______________________________________________________________________

                                 A BILL


 
To amend the Small Business Act to provide for small business concerns 
  located in the United States Virgin Islands, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``United States Virgin Islands Small 
Business Contracting Assistance Act of 2018''.

SEC. 2. DEFINITION OF UNITED STATES VIRGIN ISLANDS BUSINESS.

    Section 3 of the Small Business Act (15 U.S.C. 632) is amended by 
adding at the end the following new subsection:
    ``(ee) United States Virgin Islands Business.--In this Act, the 
term `United States Virgin Islands business' means a small business 
concern that has its principal office located in the United States 
Virgin Islands.''.

SEC. 3. SMALL BUSINESS CREDIT FOR UNITED STATES VIRGIN ISLANDS 
              BUSINESSES.

    Section 15 of the Small Business Act (15 U.S.C. 644) is amended by 
adding at the end the following new subsection:
    ``(w) Small Business Credit for United States Virgin Islands 
Businesses.--
            ``(1) Credit for meeting contracting goals.--If an agency 
        awards a prime contract to United States Virgin Islands 
        business during the period beginning on the date of enactment 
        of this subsection and ending on the date that is 4 years after 
        such date of enactment, the value of the contract shall be 
        doubled for purposes of determining compliance with the goals 
        for procurement contracts under subsection (g)(1)(A)(i) during 
        such period.
            ``(2) Report.--Along with the report required under 
        subsection (h)(1), the head of each Federal agency shall submit 
        to the Administrator, and make publicly available on the 
        scorecard described in section 868(b) of the National Defense 
        Authorization Act for Fiscal Year 2016 (15 U.S.C. 644 note), an 
        analysis of the number and dollar amount of prime contracts 
        awarded pursuant to paragraph (1) for each fiscal year of the 
        period described in such paragraph.''.

SEC. 4. PRIORITY FOR SURPLUS PROPERTY TRANSFERS.

    Section 7(j)(13)(F) of the Small Business Act (15 U.S.C. 
636(j)(13)(F)) is amended by adding at the end the following new 
clause:
            ``(iii)(I) In this clause, the term `covered period' means 
        the period beginning on the date of enactment of this clause 
        and ending on the date that is 3 years after such date of 
        enactment.
            ``(II) The Administrator may transfer technology or surplus 
        property under clause (i) to a United States Virgin Islands 
        business during the covered period if the such business meets 
        the requirements for such a transfer, without regard to whether 
        such business is a Program Participant.''.

SEC. 5. CONTRACTING INCENTIVES FOR PROTEGE FIRMS THAT ARE UNITED STATES 
              VIRGIN ISLANDS BUSINESSES.

    (a) In General.--Section 45(a) of the Small Business Act (15 U.S.C. 
657r(a)) is amended by adding at the end the following new paragraph:
            ``(3) United states virgin islands businesses.--During the 
        period beginning on the date of enactment of this paragraph and 
        ending on the date that is 3 years after such date of 
        enactment, the Administrator shall identify potential 
        incentives to a covered mentor that awards a subcontract to its 
        covered protege, including--
                    ``(A) positive consideration in any past 
                performance evaluation of the covered mentor;
                    ``(B) the application of costs incurred for 
                providing training to such covered protege to the 
                subcontracting plan (as required under paragraph (4) or 
                (5) of section 8(d)) of the covered mentor; and
                    ``(C) such other incentives as the Administrator 
                determines appropriate.''.
    (b) Definitions.--Section 45(d) of the Small Business Act (15 
U.S.C. 657r(d)) is amended by adding at the end the following new 
paragraphs:
            ``(4) Covered mentor.--The term `covered mentor' means a 
        mentor that enters into an agreement under this Act, or under 
        any mentor-protege program approved under subsection (b)(1), 
        with a covered protege.
            ``(5) Covered protege.--The term `covered protege' means a 
        protege of a covered mentor that is a United States Virgin 
        Islands business.''.

SEC. 6. ADDITIONAL MENTOR-PROTEGE RELATIONSHIPS FOR PROTEGE FIRMS THAT 
              ARE UNITED STATES VIRGIN ISLANDS BUSINESSES.

    Section 45(b)(3)(A) of the Small Business Act (15 U.S.C. 
657r(b)(3)(A)) is amended by inserting ``, except that, during the 3-
year period beginning on the date of the enactment of the United States 
Virgin Islands Small Business Contracting Assistance Act of 2018, such 
restrictions shall not apply to up to 2 mentor-protege relationships if 
such relationships are between a covered protege and covered mentor'' 
after ``each participant''.
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