To amend section 7(j) of the Small Business Act to modify the start date used to calculate the period in which a small business concern is eligible to participate in the 8(a) program, and for the other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend section 7(j) of the Small Business Act to modify the start date used to calculate the period in which a small business concern is eligible to participate in the 8(a) program, and for the other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Transportation, Housing.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H3FEC1FD80D2E42AF93A63C3EDEA96B96: 1. Short title This Act may be cited as the Extended Opportunity for Small Disadvantaged Businesses Act.
- Section HAED2527792CD41AAA15EA9B0455FCD6F: 2. Modification of 8(a) eligibility period start date Section 7(j)(15) of the Small Business Act (15 U.S.C. 636(j)(15)) is amended in matter preceding...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend section 7(j) of the Small Business Act to modify the start date used to calculate the period in which a small business concern is eligible to participate in the 8(a) program, and for the other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Transportation, Housing
Primary Purpose
This bill, To amend section 7(j) of the Small Business Act to modify the start date used to calculate the period in which a small business concern is eligible to participate in the 8(a) program, and for the other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Legislative Progress
IntroducedMs. Velázquez introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "administrator_of_sba"
- → Administrator of the Small Business Administration
Key Definitions
Terms defined in this bill
a small business concern that, as of the date on which subsection (a) takes effect— participates in the program established under section 8(a) of the Small Business Act (15 U.S.C. 637(a))
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology