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STEP Improvement Act of 2022

USA117th CongressS-5221| Senate 
| Updated: 12/8/2022
Jeanne Shaheen

Jeanne Shaheen

Democratic Senator

New Hampshire

Small Business and Entrepreneurship Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
STEP Improvement Act of 202 2 This bill reauthorizes through FY2026 the Small Business Administration's (SBA) State Trade Expansion Program, which provides foreign trade assistance to small businesses, and it revises provisions related to the administration of the program. Specifically, the SBA must establish a time frame for, and provide certain information related to, the application process, and it must conduct an annual survey to solicit feedback on the program. The SBA must collect data on certain performance metrics such as the (1) total number of small businesses assisted by the program, (2) total dollar amount of export sales by participating small businesses, and (3) number of small businesses that have created new jobs through their participation in the program. The bill also requires applicants for participation to include a budget plan that outlines their intended use of funds awarded under the program.
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Timeline
Dec 7, 2022

Latest Companion Bill Action

HR 117-8844
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Dec 8, 2022
Introduced in Senate
Dec 8, 2022
Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • December 7, 2022

    Latest Companion Bill Action

    HR 117-8844
    Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.


  • December 8, 2022
    Introduced in Senate


  • December 8, 2022
    Read twice and referred to the Committee on Small Business and Entrepreneurship.

Commerce

Related Bills

  • HR 117-8844: STEP Improvement Act of 2022
  • S 117-5220: Small Business Administration Reauthorization and Modernization Act of 2022
Congressional oversightExecutive agency funding and structureGovernment information and archivesMinority and disadvantaged businessesPerformance measurementSmall Business AdministrationState and local financeWomen in business

STEP Improvement Act of 2022

USA117th CongressS-5221| Senate 
| Updated: 12/8/2022
STEP Improvement Act of 202 2 This bill reauthorizes through FY2026 the Small Business Administration's (SBA) State Trade Expansion Program, which provides foreign trade assistance to small businesses, and it revises provisions related to the administration of the program. Specifically, the SBA must establish a time frame for, and provide certain information related to, the application process, and it must conduct an annual survey to solicit feedback on the program. The SBA must collect data on certain performance metrics such as the (1) total number of small businesses assisted by the program, (2) total dollar amount of export sales by participating small businesses, and (3) number of small businesses that have created new jobs through their participation in the program. The bill also requires applicants for participation to include a budget plan that outlines their intended use of funds awarded under the program.
View Full Text

Suggested Questions

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

Timeline
Dec 7, 2022

Latest Companion Bill Action

HR 117-8844
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Dec 8, 2022
Introduced in Senate
Dec 8, 2022
Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • December 7, 2022

    Latest Companion Bill Action

    HR 117-8844
    Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.


  • December 8, 2022
    Introduced in Senate


  • December 8, 2022
    Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jeanne Shaheen

Jeanne Shaheen

Democratic Senator

New Hampshire

Small Business and Entrepreneurship Committee

Commerce

Related Bills

  • HR 117-8844: STEP Improvement Act of 2022
  • S 117-5220: Small Business Administration Reauthorization and Modernization Act of 2022
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Congressional oversightExecutive agency funding and structureGovernment information and archivesMinority and disadvantaged businessesPerformance measurementSmall Business AdministrationState and local financeWomen in business