FEDERALhearing transcript

Markup of Five Small Business Administration Bills

Original title: Markup Of: H.R. 5424, the Main Street Competes Act (To Amend the Small Business Economic Policy Act of 1980 to Examine How the Competitiveness of Small Businesses Is Affected by the Enforcement of Federal Antitrust Laws, and for Other Purposes); H.R. 5265, the Small Business Administration Rural Performance Act; H.R. 5425, to Amend the Small Business Act to Enhance the Office of Rural Affairs, and for Other Purposes; H.R. 5426, to Require the Administrator of the Small Business Administration to Provide a Link to Resources for Submitting Reports on Suspected Fraud Relating to Certain COVID-19 Loans; H.R. 5427, to Prohibit Individuals Convicted of Defrauding the Government from Receiving Any Assistance from the Small Business Administration, and for Other Purposes

September 14, 2023

small business antitrust rural development fraud prevention COVID-19 relief

Track this bill to get notified when it advances a stage. One tap to stop, anytime.

The Frame

What this does

These bills propose changes to how the Small Business Administration operates, manages rural outreach, and handles fraud detection for federal loan programs.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Small Business Administration

The agency is required to implement new reporting links, enhance rural office functions, and enforce new eligibility restrictions for assistance.

Small business owners

The competitiveness of these entities may be subject to new examinations regarding antitrust law enforcement.

Individuals convicted of government fraud

These individuals would be barred from receiving future assistance from the Small Business Administration.

What changed

Last recorded activity September 14, 2023.

What's next

Next step not available in the current record.

Summary

This document outlines a committee session for five separate bills concerning the Small Business Administration. The proposed legislation covers topics including antitrust law impacts on small businesses, rural development, and measures to prevent fraud in government assistance programs.

Key Facts

H.R. 5424 examines the intersection of federal antitrust enforcement and small business competitiveness.
H.R. 5426 mandates a reporting mechanism for suspected COVID-19 loan fraud.
H.R. 5427 establishes a permanent ban on SBA assistance for individuals convicted of defrauding the government.
Two of the five bills focus specifically on rural small business performance and the Office of Rural Affairs.

Why It Matters

These bills propose changes to how the Small Business Administration operates, manages rural outreach, and handles fraud detection for federal loan programs.

Frequently Asked Questions

What happens to people convicted of government fraud under H.R. 5427?

The bill proposes to prohibit these individuals from receiving any future assistance from the Small Business Administration.

Does this legislation address COVID-19 loan fraud?

Yes, H.R. 5426 requires the SBA Administrator to provide a link to resources for reporting suspected fraud related to COVID-19 loans.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Related Legislation

congressional_record

Proposed Satellite Cybersecurity Improvement Act

This amendment proposes a new federal strategy to improve the cybersecurity of commercial satellite systems through a public clearinghouse and a compr

congressional_record

Proposed Increase to Loan Limits for Small Manufacturers

This Senate amendment proposes raising the maximum loan amounts available to small manufacturing businesses under Small Business Administration (SBA)

congressional_record

New Small Business Legislation Referred to Senate Committees

On June 24, 2026, the U.S. Senate formally received and referred six House-passed bills concerning small business oversight, technology, and economic

hearing_transcript