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Limiting Funds for Federal Agencies and Small Business Support

This bill proposes to cap spending for certain federal agencies, including the Office of Advocacy of the Small Business Administration, for fiscal year 2024. This means these agencies will have less money for their operations, potentially impacting the availability of support programs for small businesses and other public services.
Key points
The bill sets a maximum spending limit of $9,120,000 for the Office of Advocacy of the Small Business Administration and other independent agencies for 2024.
Reduced funding could lead to fewer support programs, advice, and resources for small businesses, potentially hindering their growth and operations.
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Additional Information
To provide for a limitation on availability of funds for Independent Agencies, Small Business Administration,Office of Advocacy for fiscal year 2024.
Print number: HR 2146
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-03-29