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Small Business 8(a) Program Extension for Pandemic-Affected Firms

This act allows small businesses that participated in a specific government support program during the pandemic to extend their involvement by an additional year. This aims to help them continue to grow and stabilize after a challenging period. More small businesses will be able to benefit from government contracts and support.
Key points
Small businesses in the 8(a) program between September 10, 2020, and the act's enactment date can extend their participation by one year.
The extension applies to firms not terminated or voluntarily exited from the program during this period.
The Small Business Administration will quickly issue regulations to implement this extension.
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Additional Information
Print number: 117_HR_8953
Sponsor: Rep. Carter, Troy [D-LA-2]
Process start date: 2022-09-22