Extended Opportunity for Small Disadvantaged Businesses Act
HR 9509 modifies the eligibility rules for small disadvantaged businesses in the SBA's 8(a) program. It changes the start date for counting the 8(a) participation period to the earlier of when a business first wins an 8(a) contract or two years after its certification. This directly affects current 8(a) participants who haven't yet secured an 8(a) contract, potentially extending their eligibility window. The SBA must issue implementing regulations within six months, with the change taking effect after those rules are finalized.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2024
Committee Review
Floor Vote
President
Introduced Sep 9, 2024
Last action Sep 9, 2024
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Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Sep 9, 2024
Committee
Referred to the House Committee on Small Business.
lower
Sep 9, 2024
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Nydia M. Velázquez
DDemocratic
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