,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #afbb  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #ah1 #bjac ,mr4
 ,johnson ( ,georgia 7= himself1 ,ms4   
,norton1 ,mr4 ,ru%1 ,mr4 ,cony]s1 ,ms4  
,wilson ( ,florida1 ,mr4 ,grijalva1 ,ms4
 ,*u1 ,mr4 ,clay1 ,ms4 ,bordallo1 ,ms4  
,kaptur1 ,ms4 ,br[n ( ,florida1 ,mr4    
,?ompson ( ,mississippi1 ,mr4 ,danny ,k4
 ,davis ( ,ill9ois1 & ,mr4 ,mc,dermott7 
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,small ,bus9ess1 & 9   
addition to ! ,committee on ,ov]sight & 
,gov]nm5t ,re=m1 = a p]iod to be        
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to am5d ! ,small   
,bus9ess ,act to ensure fairness &      
transp>5cy 9 contract+ ) small bus9ess  
conc]ns4  #a4 ,%ort title ,?is ,act may 
be cit$ z ! ,fairness & ,transp>5cy 9   
,contract+ ,act ( #bjac 4  #b4          
,def9itions ,9 ?is ,act--  7#a7 ! t]ms  
,adm9i/ration & ,adm9i/rator mean !     

,small ,bus9ess ,adm9i/ration & !       
,adm9i/rator !re(1 respectively2  7#b7 !
 t]m p>5t company1 relat+ to a bus9ess  
conc]n1 means a p]son o!r ?an an        
individual t owns n less ?an #ea p]c5t (
 t bus9ess conc]n2  7#c7 ! t]ms small   
bus9ess conc]n1 small bus9ess conc]n    
own$ & controll$ by vet]ans1 small      
bus9ess conc]n own$ & controll$ by      
s]vice-disabl$ vet]ans1 & small bus9ess 
conc]n own$ & controll$ by wom5 h !     
mean+s giv5 ^? t]ms 9 section #c ( !    
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcb71 z am5d$ by ?is ,act2 &  7#d7 !   
t]m small bus9ess conc]n own$ &         
controll$ by socially & economically    
disadvantag$ individuals has ! mean+    
giv5 t t]m 9 section #h7;d77#c77;,c7 ( !
 ,small ,bus9ess ,act 7#ae ,u4,s4,c4    
#fcg7;d77#c77;,c774  #c4 ,purpose ,!    
purpose ( ?is ,act is to modify !       
def9itions relat+ to :e!r a bus9ess     
conc]n qualifies z a small bus9ess      
conc]n to e/abli% additional requirem5ts
 t ensure t no publically trad$ bus9ess 

conc]n1 subsidi>y ( a publically trad$  
bus9ess conc]n1 =eign-own$ bus9ess      
conc]n1 or subsidi>y ( a =eign-own$     
bus9ess conc]n is consid]$ a small      
bus9ess conc]n = ! purpose ( ,f$]al     
,gov]nm5t contract+ & subcontract+1     
includ+ = procurem5t goals4  #d4        
,def9ition ( small bus9ess conc]n &     
/atus review ,section #c7;a7 ( ! ,small 
,bus9ess ,act 7#ae ,u4,s4,c4 #fcb7;a77  
is am5d$ by add+ at ! end ! foll[+3     
7#i7 ,indep5d5tly own$ & op]at$  7,a7 ,9
 g5]al ,9 ?is subsection1 ! t]m         
indep5d5tly own$ & op]at$ does n include
 a bus9ess conc]n--  7i7 t is--  7,i7 an
 issu] ( a class ( securities regi/]$ or
 t is requir$ to be regi/]$ pursuant to 
section #ab ( ! ,securities ,ex*ange    
,act ( #aicd 7#ae ,u4,s4,c4 #ghl7 or t  
is requir$ to file reports pursuant to  
section #ae7;d7 ( t ,act 7#ae ,u4,s4,c4 
#gho7d772 or  7,,ii7 own$ by an issu] ( 
a class ( securities regi/]$ or t is    
requir$ to be regi/]$ pursuant to       
section #ab ( ! ,securities ,ex*ange    

,act ( #aicd 7#ae ,u4,s4,c4 #ghl7 or t  
is requir$ to file reports pursuant to  
section #ae7;d7 ( t ,act 7#ae ,u4,s4,c4 
#gho7d772 or  7ii7 m ?an #ej p]c5t ( :i*
 is own$1 directly or indirectly1 by "o 
or m individuals t are n ,unit$ ,/ates  
citiz5s4  7,b7 ,entities ,9 det]m9+     
own]%ip ( a bus9ess conc]n1 any int]e/ 9
 ! bus9ess conc]n t is own$ by a p]son t
 is n an individual 7includ+ a          
corporation1 p>tn]%ip1 e/ate1 or tru/7  
%all be consid]$ own$ proportionately by
 or = ! individuals t own t p]son4  4   
#e4 ,notification  7a7 ,9 g5]al ,n lat] 
?an #f mon?s aft] ! date ( enactm5t (   
?is ,act1 ! ,adm9i/rator %all notify !  
head ( ea* ,f$]al dep>tm5t or ag5cy     
reg>d+ ?is ,act & ! am5dm5ts made by ?is
 ,act4  7b7 ,to contractors ,n lat] ?an 
#f mon?s aft] receiv+ notice "u         
subsection 7a71 ! head ( a ,f$]al       
dep>tm5t or ag5cy %all notify any       
contractor ( t dep>tm5t or ag5cy reg>d+ 
?is ,act & ! am5dm5ts made by ?is ,act4 
#f4 ,report+  7a7 ,9 g5]al ,n lat] ?an  

#f mon?s aft] ! end ( ea* fiscal ye>1 ! 
,adm9i/rator %all publi% a report reg>d+
 prime contracts ) ! ,f$]al ,gov]nm5t   
aw>d$ to bus9ess conc]ns t 7 id5tifi$ z 
small bus9ess conc]ns = ! purposes (    
a*iev+ ! small bus9ess contract+ goals (
 ! ,f$]al ,gov]nm5t dur+ ! previ\s      
fiscal ye>4  7b7 ,cont5ts  7#a7 ,9 g5]al
 ,ea* report "u subsection 7a7 %all1 = !
 fiscal ye> be=e ! ye> 9 :i* t report is
 publi%$1 include--  7,a7 ! "n ( ea*    
small bus9ess conc]n1 small bus9ess     
conc]n own$ & controll$ by socially &   
economically disadvantag$ individuals1  
small bus9ess conc]n own$ & controll$ by
 wom51 small bus9ess conc]n own$ &      
controll$ by vet]ans1 & small bus9ess   
conc]n own$ & controll$ by              
s]vice-disabl$ vet]ans t 0 aw>d$ a prime
 contract ) ! ,f$]al ,gov]nm5t2 &  7,b7 
= ea* small bus9ess conc]n describ$ 9   
subp>agraph 7,a71 ! total doll> am\nt ( 
prime contracts ) ! ,f$]al ,gov]nm5t    
aw>d$ to t small bus9ess conc]n 9       
desc5d+ ord]4  7#b7 ,p>5t companies ,if 

a small bus9ess conc]n describ$ 9       
p>agraph 7#a77;,a7 has a p>5t company1 !
 ,adm9i/rator %all report in=mation     
relat+ to any prime contract ) ! ,f$]al 
gov]nm5t ( t small bus9ess conc]n "u !  
"n ( t p>5t company4  7c7 ,availability 
,! ,adm9i/rator %all make ea* report "u 
subsection 7a7 available on ! website ( 
! ,adm9i/ration 9 a mann] t is easily   
accessible by memb]s ( ! public4  #g4   
,li/ ( contractors  7a7 ,9 g5]al ,ea*   
,f$]al dep>tm5t & ag5cy %all publi% on !
 website ( t dep>tm5t or ag5cy a li/ (  
ea* bus9ess conc]n t receiv$ a contract 
aw>d because t bus9ess conc]n 0 id5tifi$
 z a small bus9ess conc]n4  7b7 ,li/    
cont5ts ,a li/ publi%$ "u subsection 7a7
 %all--  7#a7 li/ bus9ess conc]ns 9 !   
ord] ( ! total am\nt 9 doll>s (         
contracts betwe5 ! ,f$]al ,gov]nm5t & t 
bus9ess conc]n1 beg9n+ ) ! l>ge/ total  
value2  7#b7 include ! total am\nt 9    
doll>s ( contracts betwe5 ! ,f$]al      
,gov]nm5t & ea* bus9ess conc]n on su*   
li/2 &  7#c7 include ! "n ( any p>5t    

company ( a bus9ess conc]n on su* li/4  
#h4 ,contract+ databases ,! ,adm9i/rator
 %all1 by regulation1 e/abli% proc$ures 
to ensure t ! ,c5tral ,contractor       
,regi/ration database & any successor   
database provide an adequate w>n+ reg>d+
 crim9al p5alties e/abli%$ "u section   
#af7;d7 ( ! ,small ,bus9ess ,act 7#ae   
,u4,s4,c4 #fde7;d77 = misrepres5t+ !    
/atus ( a bus9ess conc]n or p]son 9 ord]
 to obta9 c]ta9 contracts ) ! ,f$]al    
,gov]nm5t4  #i4 ,en=cem5t  7a7          
,compla9ts  7#a7 ,9 g5]al ,any p]son may
 file a compla9t ) ! ,adm9i/rator & !   
head ( ! affect$ dep>tm5t or ag5cy ab\t 
! classification ( a bus9ess conc]n z a 
small bus9ess conc]n & ! ,adm9i/rator & 
! head ( ! affect$ dep>tm5t or ag5cy    
%all resolve any compla9t fil$ "u ?is   
p>agraph 9 a timely mann]4  7#b7        
,reports ,! ,adm9i/rator %all annually  
submit to ,congress a report describ+   
any compla9ts describ$ 9 p>agraph 7#a7 t
 7 fil$ dur+ ! relevant ye> & !         
resolution ( any su* compla9t4  7b7     

,deb>m5t ,! head ( ea* ,f$]al dep>tm5t  
or ag5cy %all issue or am5d ! contract+ 
rules & regulations = t dep>tm5t or     
ag5cy to ensure t a bus9ess conc]n %all 
be deb>r$ f receiv+ a ,f$]al contract = 
a p]iod ( n less ?an #e ye>s if t       
bus9ess conc]n--  7#a7 fraudul5tly      
repres5ts t x is a small bus9ess conc]n 
z "p ( a bid = a small bus9ess contract 
) t dep>tm5t or ag5cy2 or  7#b7 violates
 ?is ,act or an am5dm5t made by ?is     
,act4