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Code · BILL · 115th Congress · H.R. 5178 (Reported in House) — To amend the Small Business Act to provide for small business concerns located in Puerto Rico, and for other purposes. · Sec. 3

Sec. 3. Small business credit for Puerto Rico businesses

158 words·~1 min read·/bill/115/hr/5178/rh/section-3

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Section 15 of the Small Business Act ( 15 U.S.C. 644 ) is amended by adding at the end the following new subsection: If an agency awards a prime contract to Puerto Rico business during the period beginning on the date of enactment of this subsection and ending on the date that is 4 years after such date of enactment, the value of the contract shall be doubled for purposes of determining compliance with the goals for procurement contracts under subsection (g)(1)(A)(i) during such period.
Along with the report required under subsection (h)(1), the head of each Federal agency shall submit to the Administrator, and make publicly available on the scorecard described in section 868(b) of the National Defense Authorization Act for Fiscal Year 2016 ( 15 U.S.C. 644 note), an analysis of the number and dollar amount of prime contracts awarded pursuant to paragraph
(1)for each fiscal year of the period described in such paragraph. .
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Sec. 3
Small business credit for Puerto Rico businesses
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