Increased Transparency for Small Businesses: Annual Advisory Reports
This new law requires the National Small Business Development Center Advisory Board to submit annual reports. This will give citizens and their representatives in Congress better insight into activities supporting small businesses, potentially leading to more effective programs and better use of public funds.
Key points
The National Small Business Development Center Advisory Board must submit annual reports on its activities.
Reports will include recommendations for improving small business development programs.
The law does not authorize additional appropriations, meaning changes will be implemented without increasing tax burdens.
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