To amend the Small Business Act to require reporting on additional information with respect to small business concerns owned and controlled by women, qualified HUBZone small business concerns, and small business concerns owned and controlled by veterans, 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 Small Business Contracting Transparency Act of 2024 amends the Small Business Act to require the SBA Administrator to submit annual reports to Congress on three categories of small business contracting programs: women-owned small businesses, HUBZone small businesses, and service-disabled veteran-owned small businesses. Each report must include certification statistics, contract award data, examination results, and decertification numbers.
Who Benefits and How
Women-owned, HUBZone, and service-disabled veteran-owned small businesses benefit from increased congressional oversight of programs designed to help them win federal contracts. Congress benefits from standardized data to evaluate program effectiveness and identify problems like incorrectly awarded contracts. Program integrity improves through transparency about certification examinations and decertifications.
Who Bears the Burden and How
The SBA bears the primary burden of compiling and submitting three detailed annual reports with numerous data points. No additional funding is authorized, so the SBA must absorb reporting costs within existing budgets.
Key Provisions
- Annual report on women-owned small business contracting including certification, contract award, and examination data (Section 2)
- Annual report on HUBZone small business contracting with similar metrics (Section 3)
- Annual report on service-disabled veteran-owned small business contracting (Section 4)
- No additional appropriations authorized (Section 5)
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
Requires the SBA Administrator to submit annual reports to Congress on federal contracting with women-owned, HUBZone, and service-disabled veteran-owned small businesses, including certification data, contract awards, and program integrity metrics.
Key Policy Areas
Government Contracting, Small Business
Primary Purpose
Requires the SBA Administrator to submit annual reports to Congress on federal contracting with women-owned, HUBZone, and service-disabled veteran-owned small businesses, including certification data, contract awards, and program integrity metrics.
Policy Domains
SBA Small Business Contracting Transparency Reports
Identified Gains
Contextual inference, no direct clause citation- Women-owned small businesses
- HUBZone small businesses
- Service-disabled veteran-owned small businesses
- Congressional oversight committees
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- Small Business Administration
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
ReportedReported by Mrs. Shaheen, with an amendment
Mr. Coons (for himself and Mr. Kennedy) introduced the following …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
HUBZone small businesses, Service-disabled veteran-owned small businesses, Women-owned small businesses
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "SBA Administrator"
- → Compiles and submits three annual reports to Congress (Sec 2, 3, 4)
- "National certifying entities"
- → Mentioned as certifiers whose fees are reported (Sec 2)
- "Congress (Small Business Committees)"
- → Receives annual reports from SBA
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