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Support for Women-Owned Businesses: New Funding and Public Procurement Rules.

This act aims to facilitate access to funding and public contracts for women-owned businesses. It introduces changes that help these businesses retain their small business status even after receiving investments and obliges federal agencies to increase their share of contracts for them. This is intended to support economic growth and job creation.
Key points
Women-owned businesses can retain their small business status longer after receiving investments from specific funds, facilitating their growth.
Government agencies failing to meet the 5% contracting goal for women-owned businesses will undergo special training and report progress.
A report will be created to identify economic barriers for women-owned businesses, including inflation's impact, and recommend improved capital access.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_3896
Sponsor: Sen. Ernst, Joni [R-IA]
Process start date: 2022-03-22
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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

Empowering Women in Small Business Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3896.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-03-22.

What are the main provisions?

Key points include:

  • Women-owned businesses can retain their small business status longer after receiving investments from specific funds, facilitating their growth.
  • Government agencies failing to meet the 5% contracting goal for women-owned businesses will undergo special training and report progress.
  • A report will be created to identify economic barriers for women-owned businesses, including inflation's impact, and recommend improved capital access.
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 Sen. Ernst, Joni [R-IA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy