"House Passes Bipartisan Legislation to Further Assist America’s Small Businesses"
Summary
A committee release dated February 29, 2024 stating that the U.S. House of Representatives passed three small business bills that day. It describes H.R. 5426, sponsored by Van Duyne (TX-24) and Landsman (OH-01), as requiring the Administrator of the Small Business Administration to post a weblink so that individuals may more easily report suspected fraud relating to certain COVID-19 loans, with the link due 30 days after the bill is enacted. H.R. 7128, the WOSB Integrity Act of 2024, sponsored by Maloy (UT-02) and Scholten (MI-03), removes the self-certification process for businesses that wish to join that program. H.R. 7102, the Native American Entrepreneurial Opportunity Act, sponsored by Davids (KS-03) and Crane (AZ-02), codifies the Office of Native American Affairs within the Small Business Administration into law.
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Full text
House Passes Bipartisan Legislation to Further Assist America’s Small Businesses February 29, 2024 WASHINGTON, D.C. – Today, the U.S. House of Representatives passed three small business bills favorably out of the chamber. 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 – sponsored by Reps. Van Duyne (TX-24) and Landsman (OH-01). · This bill requires the Administrator of the Small Business Administration to post a visible weblink on their website so that individuals may more easily report fraud. The link must be visible 30 days after the bill is enacted. H.R. 7128, the WOSB Integrity Act of 2024 – sponsored by Reps. Maloy (UT-02) and Scholten (MI-03). · This bill removes the self-certification process for businesses who wish to join this program. H.R. 7102, the Native American Entrepreneurial Opportunity Act– sponsored by Reps. Davids (KS-03) and Crane (AZ-02). · This bill codifies the already existing Office of Native American Affairs within the Small Business Administration into law.
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