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Limiting funds for independent agencies and small business programs in 2024.

This bill proposes to limit the available funds for independent government agencies and entrepreneurial development programs under the Small Business Administration (SBA) for fiscal year 2024. This means these programs will receive less money, which could affect the availability of support for individuals planning to start or grow a small business.
Key points
The bill sets a maximum spending limit of $247.7 million for independent agencies and SBA entrepreneurial development programs in fiscal year 2024.
Reduced funding may decrease the availability of training, advice, and other forms of support for small businesses and entrepreneurs.
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Additional Information
Print number: 118_HR_2144
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-03-29