Section 1 Short title
This Act may be cited as the “The WOSB Integrity Act of 2024”.
The WOSB Integrity Act of 2024
AN ACT
To establish requirements relating to size standard compliance of small business concerns owned and controlled by women for certain purposes, and for other purposes.
Sec. 2 Women owned small business size standard compliance for restricted competition
In general— Section 8(m)(2)(E) of the Small Business Act (15 U.S.C. 637(m)(2)(E)) is amended by inserting “, including that each such concern does not exceed the applicable size standard established under section 3(a)” after “by women”.
Applicability— The amendment made by subsection (a) shall not be construed as disqualifying any small business concern owned and controlled by women that, as of the date of the enactment of this Act, is certified by a Federal agency, the Administrator of the Small Business Administration, or a national certifying entity approved by the Administrator as a small business concern owned and controlled by women from competing for contracts restricted under section 8(m)(2) of the Small Business Act (15 U.S.C. 637(m)(2)) before the earlier of—
the date on which the small business concern owned and controlled by women submits a notice that such concern is no longer a small business concern owned and controlled by women; or
the date on which the Administrator, Federal agency, or entity that provided such certification determines that the concern exceeds the applicable size standard established under section 3(a) of the Small Business Act (15 U.S.C. 632(a)).
Rule of construction— Nothing in this Act or the amendments made by this Act shall be construed to require the Administrator to perform a formal size determination on a small business concern when considering an application from such concern for certification as a small business concern owned and controlled by women.
Definitions— In this Act:
Administrator— The term Administrator means the Administrator of the Small Business Administration.
Small business concern— The term small business concern has the meaning given under section 3 of the Small Business Act (15 U.S.C. 632).
Small business concern owned and controlled by women— The term small business concern and small business concern owned and controlled by women has the meaning given in section 8(m)(1) of the Small Business Act (15 U.S.C. 637(m)(1)).
Technical amendment— Section 8(m)(2)(C) of the Small Business Act (15 U.S.C. 637(m)(2)(C)) is amended by striking “paragraph (3)” and inserting “paragraph (4)”.
Compliance with CUTGO— No additional amounts are authorized to be appropriated to carry out this Act or the amendments made by this Act.