Library / Laws / 117th / hr / H.R. 3350 / Introduced in House
I
117th CONGRESS
1st Session
H. R. 3350
IN THE HOUSE OF REPRESENTATIVES
May 19, 2021Mr. Neguse (for himself, Mr. Mfume, Ms. Salazar, Mr. Kim of New Jersey, and Mr. Phillips) introduced the following bill; which was referred to the Committee on Small Business
A BILL
To amend the Small Business Act to increase the governmentwide goal for the percentage of procurement contracts awarded to small business concerns, and for other purposes.
1.
Short title
This Act may be cited as the Small-business Procurement Utilization Reform Act or the SPUR Act.
2.
Increase governmentwide small business procurement contract goal
(a)
In general
Section 15(g)(1)(A)(i) of the Small Business Act (15 U.S.C. 644(g)(1)(A)(i)) is amended by striking 23 and inserting 25.
(b)
Effective date
The amendment made by subsection (a) shall take effect on October 1, 2021.