[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4671 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 4671

To amend the Small Business Act to standardize reporting on procurement 
       goals for small business concerns, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 17, 2023

 Ms. Perez (for herself and Mr. Meuser) introduced the following bill; 
         which was referred to the Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
To amend the Small Business Act to standardize reporting on procurement 
       goals for small business concerns, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Corrective Action Report Oversight 
and Accountability Act''.

SEC. 2. STANDARDIZATION OF REPORTING ON PROCUREMENT GOALS FOR SMALL 
              BUSINESS CONCERNS.

    Section 15(h) of the Small Business Act (15 U.S.C. 644(h))--
            (1) in paragraph (1)--
                    (A) in subparagraph (A), by striking ``fiscal 
                year;'' and inserting the following: ``fiscal year, 
                including--
                            ``(i) the percentage of the total value of 
                        procurement contracts awarded to each such type 
                        of small business concern described in this 
                        subparagraph;
                            ``(ii) the total value of procurement 
                        contracts awarded to each such concern;
                            ``(iii) the number of small business 
                        concerns in each such type of small business 
                        concern described in this subparagraph that was 
                        awarded a procurement contract by the Federal 
                        agency; and
                            ``(iv) the number of each such concern 
                        awarded a procurement contract by the Federal 
                        agency for the first time;''; and
                    (B) in subparagraph (C), by inserting ``, including 
                a discussion of the actions taken to implement 
                previously proposed practices to meet such goals and an 
                analysis of the efficacy of such practices'' after 
                ``goals''; and
            (2) in paragraph (2)--
                    (A) in subparagraph (D), by striking ``and'' at the 
                end;
                    (B) by redesignating subparagraphs (E) and (F) as 
                subparagraphs (F) and (G), respectively; and
                    (C) by inserting after subparagraph (D) the 
                following new subparagraph:
                    ``(E) a list of the best of the practices described 
                in paragraph (1)(C);''.

SEC. 3. COMPLIANCE WITH CUTGO.

    No additional amounts are authorized to be appropriated to carry 
out this Act or the amendments made by this Act. Such Act and 
amendments shall be carried out using amounts otherwise appropriated to 
the Administrator of the Small Business Administration.
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