To require the Administrator of the Small Business Administration to provide awards to recognize State and local governments that improve the process of forming a new business, and for 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
The bill adds or tightens a compliance mandate provision: 2. Awards for streamlining the process of business formation The Small Business Act (15 U.S.C. 631 et seq.) is amended— by redesignating section 49 (15 U.S.C. 631 note) and adds or tightens a compliance mandate provision: 49. Awards for streamlining the process of business formation. It relies on compliance mandates. The main policy areas are Finance.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Adds or tightens a compliance mandate provision: 2. Awards for streamlining the process of business formation The Small Business Act (15 U.S.C. 631 et seq.) is amended— by redesignating section 49 (15 U.S.C. 631 note)...
- Adds or tightens a compliance mandate provision: 49. Awards for streamlining the process of business formation.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill adds or tightens a compliance mandate provision: 2. Awards for streamlining the process of business formation The Small Business Act (15 U.S.C. 631 et seq.) is amended— by redesignating section 49 (15 U.S.C. 631 note) and adds or tightens a compliance mandate provision: 49. Awards for streamlining the process of business formation.
Key Policy Areas
Finance
Primary Purpose
The bill adds or tightens a compliance mandate provision: 2. Awards for streamlining the process of business formation The Small Business Act (15 U.S.C. 631 et seq.) is amended— by redesignating section 49 (15 U.S.C. 631 note) and adds or tightens a compliance mandate provision: 49. Awards for streamlining the process of business formation.
Policy Domains
Sponsors
Legislative Progress
IntroducedMs. Cortez Masto (for herself and Mr. Moran) introduced the …
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?
- "the_administrator"
- → The Administrator identified in the operative section
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