Senate Bill 5044
117th Congress(2021-2022)
Federal Contracting Fairness Act of 2022
Introduced
Introduced in Senate on Sep 29, 2022
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5044
Congress
117
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
Federal Contracting Fairness Act of 2022
This bill makes various revisions to the Small Business Administration 8(a) Business Development program, which assists small businesses owned by socially and economically disadvantaged individuals participate in federal contracting. For example, the bill (1) allows participants to opt in to a ramp-up period if they meet certain requirements, and (2) increases the threshold for certain sole-source loans.
September 29, 2022
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09/29/2022
Read twice and referred to the Committee on Small Business and Entrepreneurship.
09/29/2022
Introduced in Senate
Public Record
Record Updated
Sep 3, 2023 5:01:23 PM