WOSB Accountability Act
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Commerce
Rep. Velázquez, Nydia M. [D-NY-7] (D) — NY
Summary
This bill requires that only women-owned small businesses that have been certified by a federal agency, state government, or national certifying entity approved by the Small Business Administration (SBA) are included when calculating whether a federal agency has met its contracting goals with respect to such businesses during a fiscal year.
Certain self-certified, women-owned small businesses that have filed an application for certification are deemed to have been certified until the SBA or national certifying entity makes a determination with respect to the certification of such business.
The SBA must provide a briefing each quarter about specified aspects of the process of certifying women-owned small businesses and implementing the requirements of the bill.
Legislative subjects
Commerce; Congressional oversight; Licensing and registrations; Public contracts and procurement; Small Business Administration; Small business; Women in business
Latest action
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
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