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"House Committee on Small Business Reports Five Bipartisan Bills Favorably to the House"

Summary

A press release dated September 14, 2023 reporting that Chairman Roger Williams (R-TX) led a full House Committee on Small Business markup at which all five bills considered were reported favorably to the House, each by a vote of 22 Yea, 0 Nay. H.R. 5424, the Main Street Competes Act, amends the Small Business Economic Policy Act of 1980 to examine how enforcement of Federal antitrust laws affects small business competitiveness. H.R. 5425 and H.R. 5265 concern the Office of Rural Affairs, the latter also requiring a report on an April 4, 2018 memorandum of understanding between the Small Business Administration and the Department of Agriculture. H.R. 5426 requires an SBA web link for reporting suspected fraud to the SBA Office of Inspector General within 30 days of enactment. H.R. 5427 bars anyone convicted of defrauding COVID lending programs from receiving another SBA loan.

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House Committee on Small Business Reports Five Bipartisan Bills Favorably to the House

September 14, 2023

WASHINGTON, D.C. – Today, Congressman Roger Williams (R-TX), Chairman of the House Committee on Small Business, led a full Committee markup where all five bills considered were passed by the Committee. Chairman Williams issued the following statement after today’s markup.

“Today’s markup shows, yet again, that this Committee is committed to producing commonsense legislation,” said Chairman Williams. “The five bills we marked up and reported favorably to the full House are a step in the right direction. My colleagues and I on both sides of the aisle will continue to collaborate on new ideas with the shared goal of supporting our nation’s primary job creators.”

H.R. 5424 – The “Main Street Competes Act” – introduced by Reps. Scholten and Luetkemeyer.

Adopted and Reported Favorably to the House: 22 Yea, 0 Nay.

This bill amends the Small Business Economic Policy Act of 1980 to examine how the competitiveness of small businesses is affected by the enforcement of Federal antitrust laws, and for other purposes.

H.R. 5425 – To amend the Small Business Act to enhance the Office of Rural Affairs, and for other purposes – introduced by Reps. Golden and Mann.

Adopted and Reported Favorably to the House: 22 Yea, 0 Nay.

This bill amends the Small Business Act to enhance the Office of Rural Affairs.

H.R. 5265 – The “Small Business Administration Rural Performance Report Act – introduced by Reps. Alford and Pappas.

Adopted and Reported Favorably to the House: 22 Yea, 0 Nay.

This bill amends the Small Business Act to require a report on the Office of Rural Affairs. Moreover, it requires a report on the Memorandum of Understanding between the Small Business Administration and the Department of Agriculture entered into agreement on April 4, 2018.

H.R. 5426 – To require the Administrator of the Small Business Administration to provide a link to resources for submitting reports on suspected fraud relating to certain COVID-19 loans – introduced by Reps. Van Duyne and Landsman.

Adopted and Reported Favorably to the House: 22 Yea, 0 Nay.

This bill requires Administrator Guzman of the SBA to place a web link on the SBA website that allows individuals to report suspected fraud to the SBA Office of Inspector General. The link must be visible and active within 30 days of the bill being enacted.

H.R. 5427 – To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes – introduced by Reps. Williams and Mfume.

Adopted and Reported Favorably to the House: 22 Yea, 0 Nay.

This bill prohibits anyone convicted of defrauding COVID lending programs from ever receiving another SBA loan.

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