Top Legislation - View All

Latest Action: 01/04/2007 - Referred to the House Committee on Small Business.

Bill Text
To amend the Small Business Act to direct the Administrator of the Small Business Administration to establish a program to provide regulatory compliance assistance to small business concerns, and for other purposes. 1/4/2007--Introduced. National Small Business Regulatory Assistance Act of 2007 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA), acting through the Associate Administrator for Small Business Development Centers, to establish a program to provide regulatory compliance assistance to small businesses through participating Small Business Development Centers (Centers), the Association for Small Business Development Centers (Association), and Federal compliance partnership programs. Requires the Administrator to enter into arrangements with participating Centers to provide: (1) access to regulatory information and resources; (2) training and education activities; (3) confidential counseling to owners and operators of [...]

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Latest Action: 09/04/2007 - Received in the House.

Bill Text
A bill to improve the disaster loan program of the Small Business Administration, and for other purposes. 8/3/2007--Passed Senate amended.    (There are 2 other summaries) Small Business Disaster Response and Loan Improvements Act of 2007 - (Sec. 3) Extends through October 31, 2007, under the same terms and conditions, the authorization for any program, authority, or provision, including any pilot program, that is currently authorized through February 2, 2007, under the Small Business Act or the Small Business Investment Act of 1958. Title I: Disaster Planning and Response - (Sec. 101) Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to make loans to nonprofit organizations: (1) located or operating in an area affected by a natural or other disaster; or (2) providing services to persons who have evacuated from any such area. (Sec. 102) Increases from $1.5 million to $2 million [...]

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Latest Action: 01/04/2007 - Sponsor introductory remarks on measure. (CR S105-106)

Bill Text
A bill to foster the development of minority-owned small businesses. 1/4/2007--Introduced. Minority Entrepreneurship Development Act of 2007 - Amends the Small Business Act to establish within the Small Business Administration (SBA) an Office of Minority Small Business Development to, among other things, formulate, execute, and promote SBA policies and programs that provide assistance to small businesses owned and controlled by minorities. Authorizes the SBA Administrator to make grants to eligible educational institutions: (1) to assist in establishing an entrepreneurship curriculum for undergraduate or graduate studies; and (2) for the placement of a small business development center on the campus of the institution. Authorizes the Administrator to make grants to eligible associations and organizations to: (1) assist in establishing the technical capacity to provide online or distance learning for businesses seeking to contract with the federal government; [...]

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Latest Action: 02/14/2007 - Sponsor introductory remarks on measure. (CR S1976)

Bill Text
A bill to require reporting regarding the disaster loan program of the Small Business Administration, and for other purposes.

2/14/2007--Introduced.

Small Business Disaster Loan Reporting Act of 2007 - Directs the Administrator of the Small Business Administration (SBA) to: (1) amend the 2006 hurricane season disaster response plan to apply to major disasters; (2) report monthly to the congressional small business committees on the operation of the SBA disaster loan program; (3) provide daily updates during presidentially declared disaster periods; (4) provide reports regarding federal contracts awarded as a result of a major disaster; and (5) report on how the SBA can improve the processing of applications under the disaster loan program.

Latest Action: 02/14/2007 - Sponsor introductory remarks on measure. (CR S1976-1977)

Bill Text
A bill to improve the disaster loan program of the Small Business Administration, and for other purposes.

2/14/2007--Introduced.

Private Disaster Loans Act of 2007 - Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to guarantee timely payment of principal and interest on any loan issued by a qualified private lender to an eligible small business located in a disaster area. Authorizes the Administrator to establish an online application process for such loans.

Authorizes the Administrator to guarantee up to 85 percent of such a loan. Sets the maximum amount of such a loan at $2 million.

Latest Action: 01/30/2007 - Referred to the House Committee on Small Business.

Bill Text
To amend the Small Business Act to direct the Administrator of the Small Business Administration to establish a program to provide regulatory compliance assistance to small business concerns, and for other purposes. 1/30/2007--Introduced. National Small Business Regulatory Assistance Act of 2007 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to establish a program to provide regulatory compliance assistance to small businesses through participating Small Business Development Centers (Centers), the Association for Small Business Development Centers (Association), and federal compliance partnership programs. Requires the Administrator to enter into arrangements with participating Centers to provide: (1) access to regulatory information and resources; (2) training and education activities; (3) confidential counseling to owners and operators of small businesses regarding compliance with federal and state regulations; and (4) [...]

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Latest Action: 02/28/2007 - Sponsor introductory remarks on measure. (CR S2365-2366)

Bill Text
A bill to amend the Small Business Act to provide expedited disaster assistance, and for other purposes.

2/28/2007--Introduced.

Small Business Disaster Recovery Assistance Improvement Act of 2007 - Directs the Administrator of the Small Business Administration (SBA) to establish and implement an expedited disaster assistance business loan program to provide small businesses with immediate disaster assistance.

Latest Action: 03/01/2007 - Sponsor introductory remarks on measure. (CR S2503-2504)

Bill Text
A bill to amend the Small Business Act to improve the Office of International Trade, and for other purposes. 3/1/2007--Introduced. Small Business International Trade Enhancements Act of 2007 - Amends the Small Business Act to establish an Associate Administrator for International Trade as the head of the Office of International Trade of the Small Business Administration (SBA), who shall be responsible for international trade policy. Grants the SBA Administrator the authority to appoint additional Associate Administrators. Requires United States Export Assistance Centers (export centers/one-stop shops) to aid the Office in maintaining a trade distribution network for trade promotion and trade assistance for small businesses. Requires the Office to establish annual goals to enhance the export capabilities of small businesses and small manufacturers to compete against foreign entities. Directs the Office, in order to provide small businesses access to certain export [...]

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Latest Action: 03/01/2007 - Sponsor introductory remarks on measure. (CR S2514)

Bill Text
A bill to provide for increased export assistance staff in areas in which the President declared a major disaster as a result of Hurricane Katrina of 2005 and Hurricane Rita of 2005.

3/1/2007--Introduced.

Gulf Coast Export Recovery Act of 2007 - Directs the Secretary of Commerce to hire one additional full-time international trade specialist for the United States Export Assistance Center in New Orleans, Louisiana, to provide export promotion services to specified Louisiana parishes.

Directs the Administrator of the Small Business Administration (SBA) to hire to the Office of International Trade of the SBA an additional full-time international finance specialist who shall be located at the Center to carry out export promotion activities in Louisiana, Mississippi, and Alabama.

Latest Action: 03/15/2007 - Sponsor introductory remarks on measure. (CR S3211-3212)

Bill Text
A bill to provide additional relief for small business owners ordered to active duty as members of reserve components of the Armed Forces, and for other purposes. 3/15/2007--Introduced. Veterans Small Business Opportunity Act of 2007 - Amends the Small Business Act to extend certain small business loan time limits with respect to a small business owned and controlled by: (1) a veteran called to active duty on or after September 11, 2001; or (2) a service-disabled veteran who became disabled due to an injury or illness incurred or aggravated during a period of active duty on or after such date. Extends such time limits by the period that the veteran was on active duty. Directs the Secretary of Defense to conduct a study for promoting positive working relations between employers and their reserve component employees. Increases: (1) certain Small Business Administration (SBA) loan limits for small business owners who are members of the National Guard or reserves;[...]

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Latest Legislation - View All

Latest Action: 04/28/2008 - Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.

Bill Text
A resolution honoring the entrepreneurial spirit of the owners of small business concerns in the United States during National Small Business Week, beginning April 21, 2008. 4/28/2008--Passed Senate without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Honors the entrepreneurial spirit of small business owners during National Small Business Week beginning April 21, 2008. Honors the efforts and achievements of small business owners and their employees. Recognizes that small businesses are essential to restoring the country's economic health. Recognizes the vital role of Small Business Administration (SBA) programs, employees, and resource partners in providing assistance to entrepreneurs and small business owners. Urges the President to ensure that: (1) reasonable rules relating to the federal contract procurement [...]

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Latest Action: 04/24/2008 - Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Bill Text
To amend the Small Business Act to improve the Small Business Innovation Research (SBIR) program and the Small Business Technology Transfer (STTR) program, and for other purposes. 4/23/2008--Passed House amended.    (There are 2 other summaries) SBIR/STTR Reauthorization Act - Title I: Modernizing the SBIR and STTR Programs - (Sec. 101) Amends the Small Business Act to extend through FY2010 (currently scheduled to expire at the end of FY2008) the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs of the Small Business Administration (SBA). (Sec. 102) Increases, for both the SBIR and STTR programs, the individual small business award levels from: (1) $100,000 to $300,000, for participation at a Phase One level; and (2) $750,000 to $2.2 million, for participation at a Phase Two level. Allows participating federal agencies (agencies) to exceed such award levels if such agencies notify, and provide [...]

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Latest Action: 04/16/2008 - Committee on Small Business and Entrepreneurship. Hearings held.

Bill Text
A bill to modify certain fees applicable under the Small Business Act for 2008, to make an emergency appropriation for certain small business programs, and to amend the Internal Revenue Code of 1986 to provide increased expensing for 2008, to provide a 5-year carryback for certain net operating losses, and for other purposes.

1/24/2008--Introduced.

Small Business Stimulus Act of 2008 - Directs the Administrator of the Small Business Administration (SBA) to reduce in 2008 the rate of certain loan fees imposed under the Small Business Act.

Appropriates, as an emergency requirement, additional funds in FY2008 for: (1) loan subsidies under the SBA Business Loans Program Account; and (2) direct loans and assistance under the SBA Microloan Program.

Amends the Internal Revenue Code to: (1) increase to $200,000 in 2008 the expensing allowance for depreciable business assets; and (2) extend through 2008 the five-year carryback of certain unused net operating losses.

Latest Action: 02/14/2008 - Signed by President.

Bill Text
To improve and expand small business assistance programs for veterans of the armed forces and military reservists, and for other purposes. 2/14/2008--Public Law.    (There is 1 other summary) Military Reservist and Veteran Small Business Reauthorization and Opportunity Act of 2008 - Title I: Veterans Business Development - (Sec. 101) Increases funding (with an offset), for FY2008-FY2009, for the Office of Veterans Business Development of the Small Business Administration (SBA). Expresses the sense of Congress that excess amounts for such Office should be used to support veterans business outreach centers. (Sec. 102) Amends the Small Business Act to direct the President to establish an interagency task force to coordinate federal efforts to improve capital and business development opportunities for, and ensure achievement of the pre-established federal contracting goals for, small businesses owned and controlled by service-disabled veterans [...]

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Latest Action: 10/17/2007 - Read twice and referred to the Committee on Small Business and Entrepreneurship.

Bill Text
A bill to promote the development of Native American small business concerns, and for other purposes. 10/17/2007--Introduced. Native American Small Business Development Act of 2007 - Amends the Small Business Act to establish within the Small Business Administration (SBA) the Office of Native American Affairs, headed by an Assistant Administrator, to implement SBA programs for the development of business enterprises by Native Americans (American Indians, Alaska Natives, and Native Hawaiians). Requires the Office to assist Native American entrepreneurs to: (1) start, operate, and grow small businesses; (2) develop management and technical skills; (3) seek federal procurement opportunities; (4) increase Native American employment opportunities; and (5) increase Native American access to capital markets. Requires the Administrator of the SBA to provide financial assistance to tribal governments, tribal colleges, Native Hawaiian organizations, and Alaska Native corporations [...]

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Latest Action: 01/22/2008 - Read twice and referred to the Committee on Small Business and Entrepreneurship.

Bill Text
To reauthorize certain programs under the Small Business Act for each of fiscal years 2008 and 2009. 11/6/2007--Passed House amended.    (There is 1 other summary) Small Business Programs Act of 2007 - Amends the Small Business Act (the Act) to reauthorize for FY2008-FY2009 certain small business assistance programs of the Small Business Administration (SBA) authorized under the Act and the Small Business Investment Act of 1958, including: (1) a disaster mitigation pilot program; (2) general and start-up small business loans; (3) certified development company (CDC) financing; (4) disaster loans; (5) the Service Corps of Retired Executives (SCORE); and (6) grants to microloan program intermediaries and technical assistance providers. Reauthorizes for such fiscal years: (1) the businessLINC grants program; (2) the small business development center (SBDC) program; (3) the women's business center program; (4) the HUBZone (heavily underutilized business [...]

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Latest Action: 11/01/2007 - Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Bill Text
To update and expand the procurement programs of the Small Business Administration, and for other purposes. 10/30/2007--Passed House amended.    (There is 1 other summary) Small Business Contracting Program Improvements Act - Title I: Ensuring Government Contract Opportunities for Small Business Concerns Owned and Controlled by Service-Disabled Veterans - (Sec. 101) Amends the Small Business Act to: (1) permit agencies to enter into contracts with a small business owned and controlled by a service-disabled veteran without first ensuring that there is only one company can perform a contract; and (2) allow contracting officers to decide whether or not to set aside contracts where at least two underutilized business zone (HUBZone) qualified companies could compete for the contract. (Sec. 102) Provides for the assessment of civil penalties against any company that misrepresents itself as a small business owned and controlled by service-disabled [...]

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Latest Action: 09/28/2007 - Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Bill Text
To amend the Small Business Investment Act of 1958 to expand opportunities for investments in small businesses, and for other purposes. 9/27/2007--Passed House amended.    (There are 2 other summaries) Small Business Investment Expansion Act of 2007 - Title I: Small Business Investment Company Program - (Sec. 101) Amends the Small Business Investment Act of 1958 to increase the maximum amounts of outstanding leverage made available by the Small Business Administration (SBA) to: (1) any one small business investment company (SBIC) which provides loans to small businesses; and (2) two or more SBICs that are commonly controlled. (Sec. 102) Increases the total amount of debentures and participating securities issued by an SBIC that may be guaranteed by the SBA in the case of an SBIC that certifies that not less than 50% of its aggregate investments will be made in small businesses that are either: (1) majority owned by socially or economically [...]

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Latest Action: 08/02/2007 - Sponsor introductory remarks on measure. (CR S10805-10806)

Bill Text
A bill to amend the Small Business Investment Act of 1958 to improve surety bond guarantees, and for other purposes. 8/2/2007--Introduced. Surety Bond Improvement Act of 2007 - Amends the Small Business Investment Act of 1958 to: (1) authorize the Administrator of the Small Business Administration (SBA) to guarantee any surety against loss from a small business principal's breach of bond on any total work or contract amount that does not exceed $3 million (under current law, $2 million); (2) direct the Administrator to authorize a surety that issues, monitors, or services such bonds to use rates approved by the insurance commissioner in the state in which the contract will be performed; and (3) prohibit the Administrator from refusing to make payment on a surety guarantee based on facts, circumstances, or defects that the Administrator should reasonably have identified during the guarantee process. Requires the Administrator to notify the congressional small business [...]

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Latest Action: 08/01/2007 - Referred to the Committee on Foreign Affairs, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee

Bill Text
To authorize assistance to small- and medium-sized businesses to promote exports to the People's Republic of China, and for other purposes. 8/1/2007--Introduced. United States-China Market Engagement and Export Promotion Act - Directs the Secretary of Commerce to: (1) provide grants to states to establish and operate state offices in the People's Republic of China (PRC) to promote U.S. exports to PRC; (2) establish a program to create China market advocate positions in United States Export Assistance Centers in order to provide assistance to small- and medium-sized U.S. businesses in the export U.S. goods to PRC, including assistance for business-related expenses for trade missions to PRC; and (3) submit to Congress a plan to consolidate fees for Gold Key matching services provided to such U.S. businesses that export U.S. goods or services to more than one market in PRC. Amends the Small Business Act to require the Office of International Trade of the Small Business [...]

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