Latest action: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Referred to one or more standing committees for review, hearings, and possible markup.
Specific committees not parsed from action data.
The committee may hold hearings, amend the bill, or let it die without action.
Next: Reported
Full chamber floor — Speaker / Majority Leader controls scheduling
Bill establishes oversight and transparency requirements for small business certification programs.
The problem
Small business certification programs lack consistent oversight and transparency standards, potentially leading to fraud, misuse of certifications, and unfair advantages in federal contracting.
The proposal
The bill creates requirements for federal agencies to oversee small business certifications, increase transparency in certification processes, and establish accountability measures for program administration.
The impact
Small business owners, federal contractors, agencies administering certifications, and taxpayers are affected through changes to how certifications are awarded and monitored.
Stronger oversight helps catch businesses that falsely claim small business status to win contracts. This protects legitimate small businesses from unfair competition and saves taxpayer money spent on ineligible recipients.
Transparent standards mean all small businesses understand the rules equally. This creates a level playing field where certification decisions are made consistently across different agencies.
Clear requirements and accountability make the certification process more trustworthy. Legitimate small businesses gain confidence that the system works fairly and federal agencies can rely on certification accuracy.
Oversight requirements hold agencies responsible for how they award and maintain certifications. This creates consequences for poor administration and encourages better program management.
New oversight and reporting requirements add costs and workload for federal agencies managing these programs. Agencies may need more staff and resources to comply with transparency standards.
Enhanced oversight procedures could make it take longer for small businesses to get certified. Delays might disadvantage small businesses waiting for certifications to bid on contracts.
Without an official summary, it is unclear what specific oversight mechanisms are required or how agencies should implement them. This uncertainty could lead to inconsistent application across different agencies.
Small businesses may face new documentation or reporting requirements to maintain their certifications. These additional compliance costs could burden smaller firms the most.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
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Individual contributions, grouped by employer · FEC
Where their individual donors work · 2026 cycle
Money from people who work there, not from the company. Not tied to this bill.
Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
Senate LDA lobbying disclosures
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