H.R. 7988, known as the “Small Business Procurement and Utilization Reform Act of 2024” or the “SPUR Act,” aims to modify the Small Business Act by introducing new requirements for the scorecard program. The bill focuses on tracking the number of new small business entrants...
Simple Explanation
H.R. 7988 wants to make sure everyone gets a fair chance to win government jobs, especially small businesses owned by veterans, women, and people who might have had a tough time in the past. It checks how well different government groups are doing in giving these businesses a chance, but it won’t use extra money to make this happen.