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Grant Program to Help Disadvantaged Small Businesses Win Transportation Contracts.

This law establishes a new competitive grant program managed by the Department of Transportation (DOT) to boost the participation of small businesses owned by socially and economically disadvantaged individuals in major infrastructure projects. These businesses will receive financial assistance and training through the program to compete more effectively for contracts related to building roads, bridges, and ports. The goal is to equalize economic opportunities and increase competition in the transportation sector.
Key points
New grants for states and local governments to train and support small businesses owned by disadvantaged individuals.
Facilitating access for small businesses to lucrative contracts related to DOT infrastructure projects.
$5 million annually (FY 2024-2026) authorized to fund this business growth support program.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_3375
Sponsor: Sen. Padilla, Alex [D-CA]
Process start date: 2023-11-30
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Accelerating Small Business Growth Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_3375.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-11-30.

What are the main provisions?

Key points include:

  • New grants for states and local governments to train and support small businesses owned by disadvantaged individuals.
  • Facilitating access for small businesses to lucrative contracts related to DOT infrastructure projects.
  • $5 million annually (FY 2024-2026) authorized to fund this business growth support 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. Padilla, Alex [D-CA].

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

Transport Economy Public Investments