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New rules for small businesses in government contracts: more opportunities for newcomers.

This act changes how government agencies are evaluated on their engagement with small businesses. Agencies will now track and report how many new small businesses, including those owned by veterans, women, or disadvantaged individuals, receive government contracts. This aims to increase opportunities for businesses new to public procurement, potentially leading to greater market access and competition for citizens running small businesses.
Key points
Government agencies must now track and report the number of new small businesses awarded prime contracts for the first time.
The changes aim to boost opportunities for small businesses, including those owned by service-disabled veterans, women, and socially/economically disadvantaged individuals.
No additional funds are authorized for the implementation of this act.
article Official text account_balance Process page
Expired
Citizen Poll
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Additional Information
Print number: 118_HR_7988
Sponsor: Rep. Stauber, Pete [R-MN-8]
Process start date: 2024-04-15
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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

SPUR Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7988.

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 2024-04-15.

What are the main provisions?

Key points include:

  • Government agencies must now track and report the number of new small businesses awarded prime contracts for the first time.
  • The changes aim to boost opportunities for small businesses, including those owned by service-disabled veterans, women, and socially/economically disadvantaged individuals.
  • No additional funds are authorized for the implementation of this act.
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 H3689)

Is this summary verified?

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

CATEGORIES

Economy