H. R. 7988, also known as the “Small Business Procurement and Utilization Reform Act of 2024” or the “SPUR Act,” aims to amend the Small Business Act by adding requirements regarding new small business entrants in the federal scorecard program. The bill modifies existing...
Simple Explanation
The SPUR Act is a new rule to help small businesses get important jobs from the government. It makes sure we count how many new small businesses are getting these jobs, including ones owned by veterans, women, and people who face extra challenges.