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Code · BILL · 117th Congress · H.R. 7628 (Introduced in House) — To increase oversight of and improve programs of the Small Business Administration, and for other purposes. · Sec. 501

Sec. 501. Eliminate programs duplicating private sector

81 words·~1 min read·/bill/117/hr/7628/ih/section-501

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Section 5004(d) of the American Rescue Plan Act of 2021 ( 15 U.S.C. 9013(d) ) is amended by striking December 31, 2025 and inserting the date of the enactment of the IMPROVE the SBA Act . The Administrator may not carry out the Growth Accelerators Fund Competition program or any similar program or initiative not specifically authorized by law. The Administrator may not carry out the Regional Innovation Clusters initiative or any similar program or initiative not specifically authorized by law.
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Sec. 501
Eliminate programs duplicating private sector
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