|MONDAY, JANUARY 14, 2019
Floor Schedule and Procedure:
Suspensions (5 bills)
This bill amends the Small Business Investment Act of 1958 to increase from 5% to 15% of its capital and surplus, the amount a national bank, a member bank of the Federal Reserve System, a nonmember insured bank (to the extent permitted under applicable state law), or a federal savings association may invest in one or more small business investment companies (SBICs), or in any entity established to invest solely in SBICs. The increase is subject to the approval of the appropriate federal banking agency.
This bill amends the Small Business Act to require: 1) the Small Business Administration (SBA) to coordinate with the senior procurement executives of federal agencies participating in a Small Business Innovation Research (SBIR) Program or a Small Business Technology Transfer (STTR) Program to assist small businesses participating in such programs with commercializing research before the business is awarded a federal contract; 2) the SBA to modify its policy directives to require procurement center representatives to assist small businesses participating in SBIR or STTR programs with researching solicitations for federal contracts and submitting bids; and 3) each Office of Small and Disadvantaged Business Utilization to assist small businesses participating in SBIR or STTR programs with researching solicitations for federal contracts and submitting bids.
This bill keeps the SBIR and STTR programs up-to-date and effective by making minor adjustments to definitions, includes small business investment companies eligible investors on a limited basis, encourages more participation through a mentor-protégé program, and requires an annual meeting of participating SBIR agencies to discuss bet practices.
This bill amends the Small Business Act to eliminate the inclusion of option years in the award price for sole source contracts to provide more opportunities for small businesses to compete for federal contracting opportunities. It also requires contracting officers to notify and coordinate with the SBA to ensure eligible small businesses are winning sole-source awards.
This bill would extend the Temporary Assistance for Needy Families program and the Child Care Entitlement to States through June 30, 2019. The bill would allow the Department of Health and Human Services to make overdue payments to states, tribes, and territories so that they can continue to provide child care, job services, and other help to struggling families.
|QUOTE OF THE DAY:
“Government is not an evil thing. It is the fervor that keeps us focused and the glue that keeps the many as one as we pursue ‘a more perfect union.’”
James E. Clyburn