H.R. 6591, also known as the "Encouraging Success Act," aims to update the Small Business Act by requiring the Administrator of the Small Business Administration (SBA) to review and potentially revise the financial criteria used to determine if someone is "economically disadvantaged." This...
Simple Explanation
The Encouraging Success Act wants to make sure the rules for who gets special help to start and grow their small businesses are fair by checking these rules every few years and asking what people think. They want to do this without needing new money to make it happen.