arrow_back Back to App

More Government Contracts for Small Businesses: Increased Procurement Goal.

This act aims to increase the share of government contracts awarded to small businesses. This means the government will be required to allocate a larger percentage of its purchases to services and products offered by small enterprises. This could create more business opportunities for local firms and support economic growth.
Key points
Increases the percentage goal for government contracts awarded to small businesses from 23% to 25%.
The change takes effect on October 1, 2021, providing more opportunities for small businesses to work with the government.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_3350
Sponsor: Rep. Neguse, Joe [D-CO-2]
Process start date: 2021-05-19
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

SPUR Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_3350.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-05-19.

What are the main provisions?

Key points include:

  • Increases the percentage goal for government contracts awarded to small businesses from 23% to 25%.
  • The change takes effect on October 1, 2021, providing more opportunities for small businesses to work with the government.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Neguse, Joe [D-CO-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Small Business.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Economy