,,ii  #aag? ,,congress  #b;d ,session   
,s4 #chif  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,m>* #bb1 #bjbb ,ms4   
,ern/ 7= h]self & ,mrs4 ,capito7        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on ,small
 ,bus9ess & ,entrepr5eur%ip  ,a ,,bill  
,to am5d ! ,small ,bus9ess ,act relat+  
to small bus9ess conc]ns own$ &         
controll$ by wom51 & = o!r purposes4    
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,emp[]+ ,wom5 9 ,small ,bus9ess ,act4 
#b4 ,treatm5t ( fund+ by small bus9ess  
inve/m5t companies ,section #h ( !      
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcg7 is am5d$--  7#a7 9 subsection     
7a77#ba77;,e71 by ins]t+ 1 & except z   
provid$ "u subsection 7m77#i71 aft]     
law12 &  7#b7 9 subsection 7m71 by add+ 
at ! end ! foll[+3  7#i7 ,treatm5t (    
fund+ by small bus9ess inve/m5t         
companies  7,a7 ,def9ition ,9 ?is       
p>agraph1 ! t]m cov]$ small bus9ess     
conc]n means a small bus9ess conc]n--   
7i7 7,i7 own$ & controll$ by wom52 or   

7,,ii7 own$ & controll$ by wom5 describ$
 9 p>agraph 7#b77;,a7 & c]tifi$ "u      
p>agraph 7#b77;,e72 &  7ii7 t receives  
fund+ f a small bus9ess inve/m5t company
 lic5s$ "u title ,,iii ( ! ,small       
,bus9ess ,inve/m5t ,act ( #aieh 7#ae    
,u4,s4,c4 #fha et seq474  7,b7 ,reta9$  
c]tification ,any cov]$ small bus9ess   
conc]n %all reta9 c]tification z a cov]$
 small bus9ess conc]n "u ?is subsection 
= a p]iod ( n m ?an #g ye>s if1 dur+ t  
p]iod1 own]%ip int]e/s 9 ! cov]$ small  
bus9ess conc]n t are held by a small    
bus9ess inve/m5t company lic5s$ "u title
 ,,iii ( ! ,small ,bus9ess ,inve/m5t    
,act ( #aieh 7#ae ,u4,s4,c4 #fha et     
seq47 w\ld r$uce ! p]c5tage requir$ "u  
section #c7n7 or p>agraph 7#b77;,a7 (   
?is subsection1 z applicable1 to less   
?an #ea p]c5t4  4  #c4 ,requir$ tra9+ & 
report+ on ,gov]nm5twide goals ,section 
#ae7;g77#b7 ( ! ,small ,bus9ess ,act    
7#ae ,u4,s4,c4 #fdd7;g77#b77 is am5d$ by
 add+ at ! end ! foll[+3  7,g7 ,requir$ 
tra9+  7i7 ,9 g5]al ,not)/&+ ! goals    

e/abli%$ "u ?is subsection = ea* ,f$]al 
ag5cy1 ! ,adm9i/ration1 9 consultation )
 ! ,national ,wom5's ,bus9ess ,c\ncil   
e/abli%$ "u section #dje ( ! ,wom5's    
,bus9ess ,own]%ip ,act ( #aihh 7#ae     
,u4,s4,c4 #gaje71 %all provide tra9+ to 
employees ) responsibility = procurem5t 
or acquisition at any ,f$]al ag5cy t    
aw>ds less ?an #e p]c5t ( prime         
contracts & subcontracts to small       
bus9ess conc]ns own$ & controll$ by wom5
 9 a fiscal ye>4  7ii7 ,guidance ,!     
,adm9i/ration %all issue publicly       
available guidance = ea* ,f$]al ag5cy   
id5tifi$ 9 a report submitt$ "u clause  
7iii7 to meet ! #e p]c5t goal describ$ 9
 clause 7iii77,i74  7iii7 ,report ,n    
lat] ?an #a ye> aft] ! date ( enactm5t (
 ?is ,act1 & annually !reaft]1 !        
,adm9i/ration %all submit to ,congress--
 7,i7 a li/ ( ea* ,f$]al ag5cy t aw>d$  
less ?an #e p]c5t ( ! prime contracts & 
subcontracts ( ! ,f$]al ag5cy to small  
bus9ess conc]ns own$ & controll$ by wom5
 9 ! fiscal ye> cov]$ by ! report2      

7,,ii7 ! numb] ( tra9+ sessions provid$ 
"u clause 7i7 to ea* ,f$]al ag5cy       
describ$ 9 subclause 7,i72  7,,iii7 an  
ov]view ( ! cont5t ( ea* tra9+ session  
describ$ 9 subclause 7,,ii72 &  7,,iv7 !
 result ( ea* tra9+ session describ$ 9  
subclause 7,,ii71 includ+ :e!r          
additional contract+ opportunities 7    
provid$ to small bus9ess conc]ns own$ & 
controll$ by wom5 & ! #e p]c5t ?re%old  
describ$ 9 clause 7i7 0 met by ! ,f$]al 
ag5cy4  4  #d4 ,int]ag5cy report  7a7   
,def9ition ,9 ?is section--  7#a7 ! t]m 
cov]$ ag5cy means-- 7,a7 ! ,dep>tm5t (  
,comm]ce2  7,b7 ! ,small ,bus9ess       
,adm9i/ration2  7,c7 ! ,dep>tm5t (      
,agriculture2 &  7,d7 ! ,dep>tm5t ( !   
,treasury2  7#b7 ! t]m cov]$ small      
bus9ess conc]n means--  7,a7 a small    
bus9ess conc]n own$ & controll$ by wom52
 &  7,b7 a small bus9ess conc]n own$ &  
controll$ by wom5 describ$ 9 & c]tifi$  
"u subp>agraphs 7,a7 & 7,e71            
respectively1 ( section #h7m77#b7 ( !   
,small ,bus9ess ,act 7#ae ,u4,s4,c4     

#fch7m77#b772 &  7#c7 ! t]m small       
bus9ess conc]n own$ & controll$ by wom5 
has ! mean+ giv5 ! t]m 9 section #c ( ! 
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcb74  7b7 ,report ,n lat] ?an #a ye>  
aft] ! date ( enactm5t ( ?is ,act1 !    
,secret>y ( ,comm]ce1 9 consultation ) !
 ,adm9i/rator ( ! ,small ,bus9ess       
,adm9i/ration1 ! ,secret>y (            
,agriculture1 & ! ,secret>y ( !         
,treasury1 %all submit to ,congress an  
int]ag5cy report t--  7#a7 id5tifies !  
lead+ economic b>ri]s = small bus9ess   
conc]ns own$ & controll$ by wom51       
p>ticul>ly = indu/ries und]repres5t$ by 
small bus9ess conc]ns own$ & controll$  
by wom52  7#b7 includes a detail$       
description ( ! impact ( inflation &    
supply *a9 disruptions on small bus9ess 
conc]ns own$ & controll$ by wom5 dur+ ! 
#c-ye> p]iod prec$+ ! report2  7#c7     
makes recomm5dations to improve access  
to capital = small bus9ess conc]ns own$ 
& controll$ by wom52 &  7#d7 9          
consultation ) ! ,(fice ( ,small        

,bus9ess & ,disadvantag$ ,bus9ess       
,utilization ( ea* cov]$ ag5cy1         
id5tifies ,f$]al contract opportunities 
= cov]$ small bus9ess conc]ns4