Have you heard of H.R. 4121?
There has been a lot of activity surrounding the SBA in recent weeks, including the appointment of Maria Contreras-Sweet Sworn as SBA Administrator. Recently the Congressional Budget Office (CBO) released a report on H.R. 4121, the Small Business Development Centers Improvement Act of 2014.
H.R. 4121 would direct the Small Business Administration (SBA) to develop procedures to govern the collection of data about Small Business Development Centers (SBDCs) that receive grants from the SBA. The bill also would require the SBA to prepare two new reports, one describing the agency’s efforts to promote entrepreneurship and another providing information about the SBA’s efforts to collect data from SBDCs. Finally, the bill would amend rules affecting SBDCs by, for instance, allowing SBDCs to market their services.
Based on information from the SBA, CBO estimates that implementing H.R. 4121 would cost about $1 million per year over the 2015-2019 period, assuming appropriation of the necessary amounts, for additional data collection and monitoring activities. Enacting H.R. 4121 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
H.R. 4121 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments.
What do you think of this piece of legislation? Do you agree with members of the House that the oversight and reporting is necessary? Alternatively would you like to see the associated costs funneled to small businesses in some way?
As always, we want to hear from you. Also, use the tools in our sidebar to contact your state’s Congressmen and Congresswomen.