H.R. 4670 — what changed

Section 31 of the Small Business Act (15 U.S.C. 657a) is amended—

changed “(e) “(f) Report—Not later than May 1, 2024, and annually thereafter, the Administrator shall submit to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate a report on HUBZone small business concerns. Such report shall include, for the fiscal year preceding the date of the report, the following:

“(1) The number of applications for certification as a qualified HUBZone small business concern that have sufficient information for the Administrator to make a certification determination, disaggregated by—

“(A) the number of applications certified;

“(B) the number of applications denied; and

“(C) the number of applications for which a determination has not been made.

“(2) The total dollar amount and total percentage of prime contracts awarded to qualified HUBZone small business concerns pursuant to this section.

“(3) The total dollar amount and percent of sole source contracts awarded to qualified HUBZone small business concerns under subsection (c)(2)(A).

“(4) With respect to an examination described in subsection (d)(5)—

“(A) the number of examinations due because of recertification requirements and the actual number of such examinations conducted; and

“(B) the number of examinations conducted for any other reason.

“(5) The number of HUBZone small business concerns that were found to be ineligible to be awarded a contract under this subsection as a result of an examination conducted pursuant to subsection (d)(5) or a verification conducted pursuant to subsection (d)(2).

“(6) The number of small business concerns that were decertified as qualified HUBZone small business concerns.

“(7) The number of qualified HUBZone small business concerns.

“(8) Any other information the Administrator determines necessary.”

changed No additional amounts are authorized to be appropriated to carry out this Act or the amendments made by this Act. Such Act and amendments shall be carried out using amounts otherwise appropriated to the Administrator of the Small Business Administration.Act.