An Act To amend the Small Business Act to require a report on the performance of the Office of Rural Affairs, to require a report on the memorandum of understanding between the Small Business Administration and the Department of Agriculture entered into on April 4, 2018, and for other purposes.
About This Bill
Passed
Latest Action · February 29, 2024
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Small Business Administration Rural Performance Report Act
This bill requires the Small Business Administration (SBA) to report on its efforts to promote businesses and agricultural economies in rural areas.
Specifically, the SBA must report about the activities of the Office of Rural Affairs, including how the office is promoting the availability of financial assistance for small businesses located in rural areas.
The SBA also must report on its collaboration with the Department of Agriculture pursuant to the memorandum of understanding the agencies entered into on April 4, 2018, including the extent to which the SBA remains involved with the working groups convened under the memorandum.
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