Vote Smart's Synopsis:

Vote to pass a bill that requires federal agencies to include on their annual scorecard for small business contracting the number of small businesses that receive a prime contract for the first time and are owned and controlled by service-disabled veterans, qualified HUBZone small business concerns, small business concerns owned and controlled by socially and economically disadvantaged individuals, or small business concerns owned and controlled by women.

Highlights:

• Requires federal agencies to include on their annual scorecard for small business contracting the number of small businesses that receive a prime contract for the first time and are owned and controlled by service-disabled veterans, include the following (Sec. 2):

• Qualified HUBZone small business concerns;

• Small business concerns owned and controlled by socially and economically disadvantaged individuals; or 

• Small business concerns owned and controlled by women.

• Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the President (Sec. 3).

Full Bill Text

Full Bill Text