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Increased Federal Agency Accountability for Small Business Contracting Goals

This Act enhances federal agencies' accountability for meeting small business contracting goals. Agencies failing to achieve high scores or meet specific targets will be required to publicly explain their shortcomings. This aims to improve support for small businesses, potentially leading to more business opportunities and jobs for citizens.
Key points
Federal agencies must testify before Congress if their small business scorecard score is below an A grade.
Agencies will also be required to explain failures to meet two or more government-wide small business contracting goals.
The goal is to increase transparency and effectiveness of government efforts to support small businesses.
article Official text account_balance Process page
Expired
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No votes cast
Additional Information
Print number: 118_HR_7103
Sponsor: Rep. Stauber, Pete [R-MN-8]
Process start date: 2024-01-29
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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

Agency Accountability Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7103.

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 2024-01-29.

What are the main provisions?

Key points include:

  • Federal agencies must testify before Congress if their small business scorecard score is below an A grade.
  • Agencies will also be required to explain failures to meet two or more government-wide small business contracting goals.
  • The goal is to increase transparency and effectiveness of government efforts to support small businesses.
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. Stauber, Pete [R-MN-8].

What is the latest detailed status?

The latest detailed status is: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H2642)

Is this summary verified?

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

CATEGORIES

Economy