Memorializes Congress to extend the certification for an 8(a) business by one additional year if the business was certified by January 1, 2020.
Impact
The sentiment surrounding SCR22 is generally supportive, with a broad recognition of the economic challenges posed by the pandemic. Supporters argue that extending the 8(a) certifications will provide crucial relief to small businesses owned by socially and economically disadvantaged individuals, helping them maintain their foothold in government contracting and recover from the disproportionate impact of the pandemic. The resolution could potentially influence federal policymakers to reconsider the duration of support for businesses grappling with the effects of COVID-19, enhancing the economic landscape for vulnerable entrepreneurs.
Summary
SCR22 is a Senate Concurrent Resolution that aims to memorialize the United States Congress to extend the certifications for the 8(a) Business Development Program by an additional year for businesses that were certified by January 1, 2020. The resolution highlights the unique challenges faced by these businesses due to the COVID-19 pandemic, which has led to temporary closures and disruptions that hinder their development and transitions within the program's structure. By extending these certifications, the resolution advocates for continued support for disadvantaged businesses, allowing them to stabilize and grow despite extraordinary circumstances.
Sentiment
Overall, the sentiment around SCR22 reflects a proactive approach to the economic recovery of small businesses amidst unprecedented challenges. Advocates express a sense of urgency in ensuring these businesses do not face setbacks in their development due to external pressures like the pandemic. Legislative discussions have underscored a commitment to supporting marginalized communities and fostering equitable economic opportunities, positioning this resolution as a critical step towards leveling the playing field for disadvantaged entrepreneurs.
Contention
While the resolution appears to have garnered broad support, there may be discussions about the effectiveness of extending certifications and whether additional measures are also necessary to address the ongoing challenges faced by these businesses. Some lawmakers may raise concerns about the sustainability of state and federal support systems and emphasize the need for comprehensive strategies that go beyond mere extension periods for certifications. The ongoing dialogue encapsulates differing perspectives on the best ways to support small businesses, especially in navigating economic recovery post-COVID-19.
Memorializes congress to take such actions as are necessary to pass a stimulus plan that includes funds for unemployment, housing, local government, struggling businesses, education, and health care
Expresses the intent of the legislature to allocate $100,000,000 of the local government allocation and $100,000,000 from the state allocation from the CARES Act to small businesses, of which $12,500,000 from the local government allocation and $12,500,000 from the state allocation shall be used for minority and women owned businesses.
Provides that disability-owned businesses be included in certain businesses development programs, direct loan programs, and certification processes; requires Chief Diversity Officer compile information on awarding of State contracts to disability-owned businesses.
Provides that disability-owned businesses be included in certain businesses development programs, direct loan programs, and certification processes; requires Chief Diversity Officer compile information on awarding of State contracts to disability-owned businesses.