Bill orders SBA veterans office to fix reporting compliance within 60 days
In markupH.R. 10371Latest action
Sponsor: LaMonica McIver · Representative · NJ
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Official title: Ensuring SBA Implementation of GAO Recommendations Act of 2026
119th Congress
Topics: Jobs & the economy
Introduced:
Read the official bill on Congress.govIn plain words
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SBA's veterans business office must create policies within 60 days to comply with existing 1999 reporting law.
40-second read · 4 questions answered below
What does this do?
The bill requires the SBA's Associate Administrator for Veterans Business Development to establish policies and procedures within 60 days of enactment to ensure the office follows reporting requirements set by the 1999 Veterans Entrepreneurship and Small Business Development Act. It responds to apparent findings that the office wasn't submitting required reports properly. It does not create new programs or spending.
Who does it affect?
The SBA's Associate Administrator for Veterans Business Development is directly responsible for compliance. Veteran small business owners, Congress, and government watchdogs tracking SBA performance are indirectly affected.
Why does it matter?
Better compliance with existing reporting rules could improve transparency and oversight of veteran-focused SBA programs, though the bill itself changes no program funding or structure.
AI-drafted summary. Check it against the official text before you act on it.
Based on the “Introduced in House” text of Sep 14, 2026.
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Where does it stand?
- IntroducedSep 14, 2026
- House committeeYou are here · Sep 16, 2026
- House vote
- Senate
- The president's desk
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Ordered to be Reported by the Yeas and Nays: 22 - 0.