S. 5175 · 117th Congress
Small Business Development Centers Improvement Act of 2022
- Stage
- In committee
- Sponsor
- Benjamin Cardin
- Introduced
- 2022-12-01
- Latest action
- 2022-12-01 · Introduced in Senate
Summary
Small Business Development Centers Improvement Act of 2022
This bill reauthorizes the Small Business Development Center Program through FY2026 and otherwise revises the program. Specifically, the bill (1) generally prohibits entities other than institutions of higher education from receiving new grants under the program; (2) allows centers to collect fees related to private partnerships or cosponsorships; (3) authorizes centers to market their services directly to small businesses; and (4) modifies or establishes provisions related to program funding, operations, data collection, and reporting.