S 298
Returning SBA to Main Street Act
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Bill overview
The Returning SBA to Main Street Act requires the Small Business Administration (SBA) to relocate 30% of its headquarters employees outside the Washington, D.C. metropolitan area within a year of enactment. The bill aims to shift the SBA’s focus away from Washington, D.C., and towards serving businesses in rural areas and throughout the nation. It also mandates a reduction in the SBA’s headquarters office space by at least 30% and requires the agency to report on its implementation and employee changes.
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