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US HB818
Bill
Status
2/25/2025
Primary Sponsor
Pete Stauber
Click for details
AI Summary
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Amends the Small Business Act to require federal agency scorecards to track the number of "new small business entrants" awarded prime contracts each fiscal year, broken down by NAICS code and compared to the prior year
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Defines "new small business entrant" as a small business that has received a prime federal contract but has never previously been awarded a prime contract by any federal agency
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Requires tracking of new entrants across specific categories: service-disabled veteran-owned, HUBZone, socially and economically disadvantaged-owned, and women-owned small businesses
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Authorizes no additional appropriations to implement the Act
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Passed the House of Representatives on February 24, 2025
Legislative Description
SPUR Act Small Business Procurement and Utilization Reform Act of 2025
Commerce
Last Action
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
2/25/2025