HR 6591
Encouraging Success Act
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Encouraging Success Act aims to update the criteria for individuals to qualify for the 8(a) Business Development program within the Small Business Administration. Specifically, it requires the Small Business Administration Administrator to regularly review and adjust the maximum allowable assets and net worth an individual can have to be considered economically disadvantaged. These adjustments must account for economic changes like inflation. The bill ensures these revisions are made through a public notice and comment process.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.