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Puerto Rico Small Business Contracting Assistance Act of 2018

USA115th CongressHR-5178| House 
| Updated: 4/10/2018
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Small Business Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Puerto Rico Small Business Contracting Assistance Act of 2018 This bill amends the Small Business Act to double for four years after its enactment the value of a prime contract awarded by a federal agency to a small business with its principle office in Puerto Rico in order to comply with the Act's governmentwide goal for small businesses' participation to be at least 23% of the total value of all prime contract awards for each fiscal year during such period. Beginning on enactment of this bill and until the termination of the Financial Oversight and Management Board, the Small Business Administration (SBA): may transfer technology or surplus property to a Puerto Rico business if it meets SBA requirements for such transfer, without regard to whether the business is a small business and capital ownership development program participant; and shall identify potential incentives to a covered mentor that awards a subcontract to its covered protege (i.e., positive consideration in any past performance evaluation of such mentor, the application of costs incurred for providing training to the protege to the mentor's subcontracting plan, and such other SBA incentives). The bill requires the SBA to allow up to two additional mentor-protege relationships for protege firms that are Puerto Rico businesses. (Currently, the limit on SBA mentor-protege relationships is three.)

Bill Text Versions

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2 versions available

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Timeline
Mar 6, 2018
Introduced in House
Mar 6, 2018
Referred to the House Committee on Small Business.
Mar 14, 2018
Committee Consideration and Mark-up Session Held.
Mar 14, 2018
Ordered to be Reported by Voice Vote.
Apr 10, 2018
Placed on the Union Calendar, Calendar No. 481.
Apr 10, 2018
Reported by the Committee on Small Business. H. Rept. 115-628.
  • March 6, 2018
    Introduced in House


  • March 6, 2018
    Referred to the House Committee on Small Business.


  • March 14, 2018
    Committee Consideration and Mark-up Session Held.


  • March 14, 2018
    Ordered to be Reported by Voice Vote.


  • April 10, 2018
    Placed on the Union Calendar, Calendar No. 481.


  • April 10, 2018
    Reported by the Committee on Small Business. H. Rept. 115-628.

Commerce

Related Bills

  • HR 115-5515: John S. McCain National Defense Authorization Act for Fiscal Year 2019
  • HR 115-2488: To provide for small business concerns located in Puerto Rico, and for other purposes.
  • HR 115-2429: To support businesses in Puerto Rico, improve health funding for Puerto Rico, and promote security in Puerto Rico, and for other purposes.
  • HR 115-5929: To amend the Small Business Act to provide for small business concerns located in the United States Virgin Islands, and for other purposes.
Administrative law and regulatory proceduresGovernment information and archivesLand transfersPublic contracts and procurementPuerto RicoSmall businessSmall Business AdministrationTechnology transfer and commercializationU.S. territories and protectorates

Puerto Rico Small Business Contracting Assistance Act of 2018

USA115th CongressHR-5178| House 
| Updated: 4/10/2018
Puerto Rico Small Business Contracting Assistance Act of 2018 This bill amends the Small Business Act to double for four years after its enactment the value of a prime contract awarded by a federal agency to a small business with its principle office in Puerto Rico in order to comply with the Act's governmentwide goal for small businesses' participation to be at least 23% of the total value of all prime contract awards for each fiscal year during such period. Beginning on enactment of this bill and until the termination of the Financial Oversight and Management Board, the Small Business Administration (SBA): may transfer technology or surplus property to a Puerto Rico business if it meets SBA requirements for such transfer, without regard to whether the business is a small business and capital ownership development program participant; and shall identify potential incentives to a covered mentor that awards a subcontract to its covered protege (i.e., positive consideration in any past performance evaluation of such mentor, the application of costs incurred for providing training to the protege to the mentor's subcontracting plan, and such other SBA incentives). The bill requires the SBA to allow up to two additional mentor-protege relationships for protege firms that are Puerto Rico businesses. (Currently, the limit on SBA mentor-protege relationships is three.)

Bill Text Versions

View Text
2 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 6, 2018
Introduced in House
Mar 6, 2018
Referred to the House Committee on Small Business.
Mar 14, 2018
Committee Consideration and Mark-up Session Held.
Mar 14, 2018
Ordered to be Reported by Voice Vote.
Apr 10, 2018
Placed on the Union Calendar, Calendar No. 481.
Apr 10, 2018
Reported by the Committee on Small Business. H. Rept. 115-628.
  • March 6, 2018
    Introduced in House


  • March 6, 2018
    Referred to the House Committee on Small Business.


  • March 14, 2018
    Committee Consideration and Mark-up Session Held.


  • March 14, 2018
    Ordered to be Reported by Voice Vote.


  • April 10, 2018
    Placed on the Union Calendar, Calendar No. 481.


  • April 10, 2018
    Reported by the Committee on Small Business. H. Rept. 115-628.
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Small Business Committee

Commerce

Related Bills

  • HR 115-5515: John S. McCain National Defense Authorization Act for Fiscal Year 2019
  • HR 115-2488: To provide for small business concerns located in Puerto Rico, and for other purposes.
  • HR 115-2429: To support businesses in Puerto Rico, improve health funding for Puerto Rico, and promote security in Puerto Rico, and for other purposes.
  • HR 115-5929: To amend the Small Business Act to provide for small business concerns located in the United States Virgin Islands, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresGovernment information and archivesLand transfersPublic contracts and procurementPuerto RicoSmall businessSmall Business AdministrationTechnology transfer and commercializationU.S. territories and protectorates