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Bill
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Small-business Procurement Utilization Reform Act

H.R. 3716 · 118th Congress · May 25, 2023 · Lineage

A BILL

To amend the Small Business Act to increase the governmentwide goal for the percentage of procurement contracts awarded to small business concerns, and for other purposes.

Section 1 Short title

This Act may be cited as the “Small-business Procurement Utilization Reform Act” or the “SPUR Act”.

Sec. 2 Increase governmentwide small business procurement contract goal

(a)
In general— Section 15(g)(1)(A)(i) of the Small Business Act (15 U.S.C. 644(g)(1)(A)(i)) is amended by striking “23” and inserting “25”.
(b)
Effective date— The amendment made by subsection (a) shall take effect on October 1, 2023.