Small Business Contracting Credit Act of 2019

Bill: 116-hr-3372
Sponsor: full_name: Rep. Velazquez, Nydia M. [D-NY-7]
Introduced: 2019-06-19
Policy area: Commerce
Subjects: Caribbean area

Public contracts and procurement

Puerto Rico

Small business

U.S. territories and protectorates
Latest action: action_date: 2019-06-19
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2019-06-19
action_desc: Introduced in House
text: <p><b>Small Business Contracting Credit Act of 2019</b></p> <p>This bill authorizes federal agencies to double the value of contracts awarded to Puerto Rican subcontractors for the purpose of obtaining credit towards the small business prime contracting goal.</p>

tv_txt: I 116th CONGRESS 1st Session H. R. 3372 IN THE HOUSE OF REPRESENTATIVES June 19, 2019 Ms. Velázquez (for herself and Mr. Cisneros ) introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act to give small business contracting credit for subcontractors that are Puerto Rico businesses, and for other purposes.

1. Short title This Act may be cited as the Small Business Contracting Credit Act of 2019 . 2. Small business contracting credit for subcontractors that are Puerto Rico businesses Section 15(x)(1) of the Small Business Act ( 15 U.S.C. 644(x)(1) ) is amended— (1) by inserting , or a prime contractor awards a subcontract (at any tier) to a subcontractor that is a Puerto Rico business, after Puerto Rico business ; (2) by inserting or subcontract after the contract ; and (3) by striking subsection (g)(1)(A)(i) and inserting subsection (g)(1)(A) .