8(a) Modernization Act

Summary

8(a) Modernization Act - Amends the Small Business Act to increase the thresholds for the award by the Small Business Administration (SBA) of government procurement and service contracts and subcontracts to certain small businesses owned by socially and economically disadvantaged individuals from: (1) $5 million to $12 million, in the case of small business manufacturers; and (2) $3 million to $10 million, in the case of other small businesses. Requires the SBA Administrator to establish, for each industry classification, a maximum level of net worth for an economically disadvantaged individual (for purposes of eligibility for the contract award program). Prohibits the Administrator from establishing a maximum net worth that prohibits program entry of less than $750,000.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 20 March 2007

   Introduced

   Referred to the House Committee on Small Business.

   Source: IntroReferral

2. 20 March 2007

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 March 2007

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 20 March 2007 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 March 2007

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 20 March 2007

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 20 March 2007

  Open at official source

Sponsors

• Rep. Reyes, Silvestre [D-TX-16] · D · Sponsor
• Rep. Rodriguez, Ciro D. [D-TX-23] · D · Cosponsor
• Rep. Meek, Kendrick B. [D-FL-17] · D · Cosponsor
• Rep. Bishop, Timothy H. [D-NY-1] · D · Cosponsor
• Rep. Holt, Rush [D-NJ-12] · D · Cosponsor
• · hssm00 · Standing

Related records

No cross-record relationships stored yet.