Small-business Procurement Utilization Reform Act

Bill: 117-hr-3350
Sponsor: full_name: Rep. Neguse, Joe [D-CO-2]
Introduced: 2021-05-19
Policy area: Commerce
Latest action: action_date: 2021-05-19
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2021-05-19
action_desc: Introduced in House
text: <p><b>Small-business Procurement Utilization Reform Act or the SPUR Act</b></p> <p>This bill raises from 23% to 25% the government-wide goal for participation by small businesses in procurement contracts.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 3350 IN THE HOUSE OF REPRESENTATIVES May 19, 2021 Mr. Neguse (for himself, Mr. Mfume , Ms. Salazar , Mr. Kim of New Jersey , and Mr. Phillips ) introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act to increase the governmentwide goal for the percentage of procurement contracts awarded to small business concerns, and for other purposes.

1. Short title This Act may be cited as the Small-business Procurement Utilization Reform Act or the SPUR Act . 2. Increase governmentwide small business procurement contract goal (a) In general Section 15(g)(1)(A)(i) of the Small Business Act ( 15 U.S.C. 644(g)(1)(A)(i) ) is amended by striking 23 and inserting 25 . (b) Effective date The amendment made by subsection (a) shall take effect on October 1, 2021.