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Securing Funding and Improving Mentoring Services for Small Businesses (SCORE)

This law reauthorizes and funds the SCORE program, which provides free business counseling and mentoring to entrepreneurs and small business owners, authorizing up to $18 million annually for 2024 and 2025. It establishes new requirements for financial transparency, increased federal oversight, and mandates the expansion of online services and outreach to underserved communities. Citizens benefit from continued, high-quality, and more accessible support for starting and growing their businesses.
Key points
The SCORE free business mentoring program is reauthorized, securing up to $18 million annually for fiscal years 2024 and 2025.
New strict rules are implemented for financial transparency, compensation limits, and federal oversight of the SCORE organization.
Mandate to expand free online counseling services (webinars, e-mentoring) and actively reach entrepreneurs in rural and disadvantaged areas.
Strengthened privacy protections for individuals and small businesses receiving assistance from the program.
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Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_1744
Sponsor: Sen. Coons, Christopher A. [D-DE]
Process start date: 2023-05-18
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

SCORE for Small Business Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_1744.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-05-18.

What are the main provisions?

Key points include:

  • The SCORE free business mentoring program is reauthorized, securing up to $18 million annually for fiscal years 2024 and 2025.
  • New strict rules are implemented for financial transparency, compensation limits, and federal oversight of the SCORE organization.
  • Mandate to expand free online counseling services (webinars, e-mentoring) and actively reach entrepreneurs in rural and disadvantaged areas.
  • Strengthened privacy protections for individuals and small businesses receiving assistance from the program.
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 Sen. Coons, Christopher A. [D-DE].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy