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Rural Small Business Support: New Reporting Requirements

This act mandates the Small Business Administration (SBA) to regularly report on its activities supporting small businesses in rural areas. This will provide citizens and Congress with a clear picture of how taxpayer money is used to promote rural economic development, potentially influencing the availability of aid programs for entrepreneurs.
Key points
The SBA must publish annual reports on the activities of its Office of Rural Affairs, including financial assistance provided and outreach events conducted.
A report is required on the SBA's collaboration with the Department of Agriculture, aiming to increase transparency of joint efforts for rural development.
The act does not authorize additional funding, meaning reporting will be carried out within existing budget allocations.
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Expired
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Additional Information
Print number: 118_HR_5265
Sponsor: Rep. Alford, Mark [R-MO-4]
Process start date: 2023-08-25
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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

Small Business Administration Rural Performance Report Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_5265.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-08-25.

What are the main provisions?

Key points include:

  • The SBA must publish annual reports on the activities of its Office of Rural Affairs, including financial assistance provided and outreach events conducted.
  • A report is required on the SBA's collaboration with the Department of Agriculture, aiming to increase transparency of joint efforts for rural development.
  • The act does not authorize additional funding, meaning reporting will be carried out within existing budget allocations.
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 Rep. Alford, Mark [R-MO-4].

What is the latest detailed status?

The latest detailed status is: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H724)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy Agriculture