A bill to amend the Small Business Act.

Summary

Amends the Small Business Act to require that the business plans developed by small businesses participating in the Small Business Administration's (SBA) small business and capital ownership development program contain predetermined competitiveness criteria for financial, marketing, and management functions in order to measure the progress toward competitiveness and the estimated time needed to reach a competitive condition. Provides for annual review and necessary revision of the estimated time and the competitiveness criteria. Eliminates the requirement that a small business agree, prior to acceptance in the program, to reach a competitive condition within a fixed period of time. Permits assistance to be denied to a small business participating in such program only if such participant: (1) voluntarily elects not to participate; (2) is denied assistance pursuant to an action by the SBA for termination based on good cause or on the participant's failure to make adequate progress toward achieving its competitiveness criteria; or (3) successfully achieves a substantial portion of its competitiveness criteria. Sets forth requirements with which such criteria must comply. Establishes a schedule for the publication of rules and regulations implementing this Act. Requires that all determinations regarding participation under the small business and capital ownership development program and eligibility for Government procurement contract awards be made pursuant to this Act.

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

Timeline

1. 25 January 1983

   Introduced

   Referred to House Committee on Small Business.

   Source: IntroReferral

2. 25 January 1983

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 January 1983

   Introduced

   Introduced in House

   Source: IntroReferral

4. 8 March 1983

   Referred

   Referred to Subcommittee on SBA & SBIC Authority, Minority Enterprise, and General Small Business Problems.

   Source: Committee

5. 19 April 1983

   Committee

   Subcommittee Hearings Held.

   Source: Committee

6. 20 April 1983

   Committee

   Subcommittee Hearings Held.

   Source: Committee

7. 4 May 1983

   Committee

   Forwarded by Subcommittee to Full Committee.

   Source: Committee

8. 4 May 1983

   Committee

   Subcommittee Consideration and Mark-up Session Held.

   Source: Committee

9. 10 May 1983

   Reported

   Ordered to be Reported (Amended).

   Source: Committee

10. 10 May 1983

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 25 January 1983

  Open at official source

Sponsors

• Rep. Mitchell, Parren J. [D-MD-7] · D · Sponsor
• Rep. Addabbo, Joseph P. [D-NY-6] · D · Sponsor
• · hssm00 · Standing

Related records

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