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Support for Small Businesses in Securing Transportation Contracts

This act establishes a grant program to help small businesses, especially those owned by socially and economically disadvantaged individuals, compete for contracts and subcontracts in Department of Transportation projects. This initiative aims to level the playing field, allowing these businesses to better secure federally funded transportation work, potentially leading to job creation and local economic growth.
Key points
Grant program for small businesses: Financial assistance will be available to states, cities, and other entities to create programs supporting small businesses in securing transportation contracts.
Support for disadvantaged businesses: The program specifically targets businesses owned by socially and economically disadvantaged individuals, helping them compete equally in the market.
Increased business opportunities: The goal is to increase the participation of these small businesses in large transportation projects, potentially bringing them new growth opportunities and financial stability.
Reporting requirements: Grant recipients must report on their activities and effectiveness, and the Department of Transportation will evaluate the overall program.
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Additional Information
Print number: 117_S_3928
Sponsor: Sen. Padilla, Alex [D-CA]
Process start date: 2022-03-24
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Accelerating Small Business Growth Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3928.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-03-24.

What are the main provisions?

Key points include:

  • Grant program for small businesses: Financial assistance will be available to states, cities, and other entities to create programs supporting small businesses in securing transportation contracts.
  • Support for disadvantaged businesses: The program specifically targets businesses owned by socially and economically disadvantaged individuals, helping them compete equally in the market.
  • Increased business opportunities: The goal is to increase the participation of these small businesses in large transportation projects, potentially bringing them new growth opportunities and financial stability.
  • Reporting requirements: Grant recipients must report on their activities and effectiveness, and the Department of Transportation will evaluate the overall program.
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. Padilla, Alex [D-CA].

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 Public Investments Transport