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Small Business Support: New SCORE Program Rules

This act strengthens the SCORE program, which offers free advice and training for individuals starting or running small businesses. It ensures better access to knowledge and support, potentially aiding business growth and job creation. The act also introduces greater financial transparency and protections for whistleblowers.
Key points
The SCORE program is authorized to receive up to $13.5 million annually for fiscal years 2022 and 2023, ensuring continued support for entrepreneurs.
New rules for SCORE program financial management, including regular audits and fund separation, enhance the security of public funds.
The program must expand online services and reach rural and underserved communities, broadening access to advice for more individuals.
Whistleblower protections within the SCORE program are strengthened, aiming to increase transparency and accountability.
Annual reporting on program effectiveness, including job and business creation, is now required, allowing for assessment of its real economic impact.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_6450
Sponsor: Rep. Kim, Young [R-CA-39]
Process start date: 2022-01-20
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

SCORE for Small Business Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6450.

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 2022-01-20.

What are the main provisions?

Key points include:

  • The SCORE program is authorized to receive up to $13.5 million annually for fiscal years 2022 and 2023, ensuring continued support for entrepreneurs.
  • New rules for SCORE program financial management, including regular audits and fund separation, enhance the security of public funds.
  • The program must expand online services and reach rural and underserved communities, broadening access to advice for more individuals.
  • Whistleblower protections within the SCORE program are strengthened, aiming to increase transparency and accountability.
  • Annual reporting on program effectiveness, including job and business creation, is now required, allowing for assessment of its real economic impact.
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. Kim, Young [R-CA-39].

What is the latest detailed status?

The latest detailed status is: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H4470-4472)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy