Referred to the House Committee on Small Business.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Dec 21, 2022
Emerging Business Encouragement Act of 2022
This bill directs the Small Business Administration (SBA) to establish criteria and procedures for small businesses to be designated as emerging business enterprises. The bill provides for various benefits to such enterprises, such as waiving various loan fees and requiring federal agencies to award at least 3% of contracts in each fiscal year to such enterprises.
Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.
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