Helping Small Businesses THRIVE Act

This bill establishes a Small Business Administration (SBA) pilot program to help eligible small businesses manage volatile input costs for essential commodities like gasoline and diesel. The SBA will offer cost-based futures contracts, including price protection options for 5%+ increases, to qualifying businesses that are not financial institutions, new startups (under 1 year), or otherwise excluded. Eligible businesses must apply through the program, which includes guidance to help them assess if hedging aligns with their operational costs. The program requires annual reports tracking participation, commodity coverage, and business impacts, with initial funding authorized for five years.