Us Congress 2023-2024 Regular Session

Us Congress Senate Bill SB3539

Introduced
12/14/23  

Caption

Small Business Contracting Fairness Act

Impact

The passage of SB3539 would substantially influence the way state laws interact with federal contracting guidelines. By modifying the existing framework of the Infrastructure Investment and Jobs Act, the bill would extend protections and opportunities to a wider range of small business entities. This amendment is expected to encourage increased participation from small businesses in federal projects, ultimately promoting economic growth at the community level. Furthermore, it stands to reinforce policies aimed at diversity and inclusion within the contracting space, positively affecting economic disparities in previously marginalized communities.

Summary

SB3539, known as the Small Business Contracting Fairness Act, aims to amend the Infrastructure Investment and Jobs Act by removing the exclusion of certain small business concerns from the disadvantaged business enterprise program. The primary goal of this bill is to enhance opportunities for small businesses, especially those that have been historically disadvantaged, by ensuring they can more effectively compete for federal contracts under programs designed to support such enterprises. This change reflects a broader commitment to equity and inclusion in federal contracting practices, helping to level the playing field for diverse business owners.

Contention

The discussions surrounding SB3539 highlight some points of contention. Supporters argue that the bill is a crucial step toward dismantling barriers that have historically limited small business participation in government contracting. Critics, however, may raise concerns about potential overreach or argue that the increased focus on inclusivity might lead to complications in the bidding process or contracting standards. Furthermore, debates may emerge about the effectiveness of such programs in transferring actual benefits to disadvantaged businesses versus simply expanding eligibility without guaranteed support.

Companion Bills

US HB6820

Same As Small Business Contracting Fairness Act

Previously Filed As

US HB6820

Small Business Contracting Fairness Act

US HB6845

Equitable Contracting and Small Business Advancement Act

US SB3971

Small Business Contracting Transparency Act of 2024

US SB5063

Helping Small Businesses THRIVE Act Helping Small Businesses To Hedge Risk and Insure against Volatile Expenses Act

US HB5454

Fairness in Shaping Small Business Contracting Policies Act of 2023

US HB9510

Generating Revenue Opportunities for Women-Owned Small Businesses Act of 2024

US SB4764

Coordinated Support for Rural Small Businesses Act

US HB9509

Extended Opportunity for Small Disadvantaged Businesses Act

US HB4670

Small Business Contracting Transparency Act of 2023

US HB832

Giving Disadvantaged Businesses Opportunities for Success Act

Similar Bills

No similar bills found.