To temporarily extend participation in the 8(a) program of the Small Business Administration, and for other purposes.

Bill: 116-hr-7409
Sponsor: full_name: Rep. Richmond, Cedric L. [D-LA-2]
Introduced: 2020-06-29
Policy area: Commerce
Subjects: Minority and disadvantaged businesses

Public contracts and procurement

Small business
Latest action: action_date: 2020-06-29
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2020-06-29
action_desc: Introduced in House
text: <p>This bill requires the Small Business Administration to allow any small business participating in its 8(a) Business Development program to extend participation by up to two years.</p> <p>The 8(a) Business Development program limits competition for certain government contracts to small businesses that participate in the program. </p>

tv_txt: I 116th CONGRESS 2d Session H. R. 7409 IN THE HOUSE OF REPRESENTATIVES June 29, 2020 Mr. Richmond introduced the following bill; which was referred to the Committee on Small Business A BILL To temporarily extend participation in the 8(a) program of the Small Business Administration, and for other purposes.

1. Extension of participation in 8(a) program The Administrator of the Small Business Administration shall ensure that a small business concern participating in the program established under section 8(a) of the Small Business Act ( 15 U.S.C. 637 ) on or before March 13, 2020, may elect to extend such participation by a period of up to 2 years, regardless of whether such concern previously elected to suspend participation in such program pursuant to guidance of the Administrator.