H.R. 1586, known as the "WOSB Certification Expansion and Opportunity Act," aims to change how small businesses owned by women are certified for government goals. It excludes self-certified women-owned small businesses from federal goals, requiring them to be officially...
Simple Explanation
H.R. 1586 is like a new rule book that says small businesses owned by women need an official stamp of approval to get special attention from the government; before, they could raise their hand and say, "We're women-owned!" but now they need a special sticker to show it.