Search Results: keywords:"small business act amendments"

  • S. 5366 — To end preferences for disadvantaged individuals and businesses in Government contracts, and for other purposes.
    Status:Introduced in Senate
    Words:4,855

    The bill S. 5366, titled the "Ending Racism in Government Contracting Act," seeks to eliminate preferences for disadvantaged individuals and businesses in government contracts. It proposes removing requirements for considering race or ethnicity in the granting of these...

    Simple Explanation

    The bill wants to stop giving special help to people or businesses based on their race or background when the government gives out work contracts. It also asks government departments to change their rules so everyone gets treated the same way, no matter who they are.

  • H. R. 10407 — To amend the Small Business Act to reauthorize and modify the Small Business Innovation Research and Small Business Technology Transfer Research programs, and for other purposes.
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    Status:Introduced in House
    Words:10,590

    The bill, H.R. 10407, proposes amendments to the Small Business Act aimed at reauthorizing and improving the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. It intends to extend these programs' authorizations, enhance...

    Simple Explanation

    The bill H.R. 10407 wants to make some changes to help small businesses create new ideas and inventions by re-using two programs. It aims to make the programs better by making them more accessible to different people, preventing bad actions, and making sure the businesses get more chances to succeed.

  • S. 3759 — To assist entrepreneurs and support development of the creative economy, and for other purposes.
    Status:Introduced in Senate
    Words:870

    S. 3759, also known as the "CREATE Act of 2024," aims to support entrepreneurs in the creative industry by expanding and enhancing small business programs. It proposes amendments to the Small Business Act to provide specialized loan criteria for artists and small businesses...

    Simple Explanation

    The CREATE Act of 2024 is like a helping hand for artists and people who make creative things, giving them special loans and help so they can start and grow their own small businesses. It also wants to work with towns and cities to make them friendly places for creative jobs and ideas to grow.

  • H. R. 10243 — To amend the Small Business Act to establish requirements relating to the submission of tax returns or tax return transcripts for a disaster loan, and for other purposes.
    Status:Introduced in House
    Words:425

    H.R. 10243, known as the “Disaster Loan Equity for Territories Act of 2024,” proposes changes to the Small Business Act regarding disaster loans. It requires applicants to submit a tax return or tax return transcript before a loan is approved. However, applicants from U.S....

    Simple Explanation

    H.R. 10243 is a new rule saying that if someone wants to borrow money to fix things after a disaster, they must show a tax form. People living in places like Puerto Rico don't have to pay U.S. taxes, so they can get a special pass until they show a tax paper from where they live.