(a)
Updating registration system— Not later than 6 months after the date of enactment of this Act, the Administrator of the Small Business Administration and the Administrator of General Services shall jointly make rules—
(1)
to streamline and simplify the registration system used by small business concerns to be considered for an award of any Federal contract;
(2)
that establish procedures by which a small business concern may self-certify its eligibility for a Federal contract under section 8 of the Small Business Act (15 U.S.C. 637); and
(3)
that establish procedures by which a majority of small business concerns may complete the registration process not later than 4 weeks after beginning such process.
(b)
Unified electronic system— Not later than 12 months after the date of enactment of this Act, the Administrator of the Small Business Administration and the Administrator of General Services shall make the registration system described in subsection (a)(1) available in a unified electronic format accessible through the Internet.