H.R. 7988, also known as the “Small Business Procurement and Utilization Reform Act of 2024” or the “SPUR Act”, seeks to amend the Small Business Act. The bill introduces new requirements for including new small business entrants in the scorecard program, which tracks the...
Simple Explanation
The SPUR Act is a plan to help small businesses get more government work by keeping better track of new ones and how they're doing. It wants things to be fair and clear, but it won't spend any new money for this.