Emerging Business Encouragement Act of 2023

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

D CarsonSponsor

18 cosponsors · 18 D

7 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill directs the Small Business Administration (SBA) to establish criteria and procedures for small businesses to be designated as emerging business enterprises.

What it does: CRS summary · Introduced in House · Mar 10, 2023

Emerging Business Encouragement Act of 2023

This bill directs the Small Business Administration (SBA) to establish criteria and procedures for small businesses to be designated as emerging business enterprises. The bill provides for various benefits to such enterprises, such as waiving various loan fees and requiring federal agencies to award at least 3% of contracts in each fiscal year to such enterprises.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Emerging Business Encouragement Act of 2023

Latest action (Mar 10, 2023): Referred to the House Committee on Small Business.

Policy area: Commerce · Origin: House · Introduced: Mar 10, 2023

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.