To require the Secretary of Defense to report on certain contracts and awards to small business concerns, and for other purposes.
To require the Secretary of Defense to report on certain contracts and awards to small business concerns, and for other purposes.
Plain Language Summary
# Summary of HR 7076 **What the Bill Does** HR 7076 would require the U.S. Department of Defense to provide reports on contracts and financial awards given to small businesses. The bill aims to increase transparency and oversight of how defense spending flows to small business concerns, though the specific details of what information must be reported are not fully outlined in the available bill summary. **Who It Affects** This legislation would primarily affect the Department of Defense, small business owners seeking defense contracts, and Congress members overseeing defense spending.
Small businesses may benefit from increased visibility into contracting opportunities and award patterns, while the DoD would need to compile and submit the required reporting data. **Current Status** The bill was introduced by Representative Hillary Scholten (D-Michigan) in the 119th Congress and is currently in committee, meaning it has not yet been debated or voted on by the full House. The specific provisions and reporting requirements would need to be reviewed in the full bill text for complete details.
Latest Action
Referred to the House Committee on Armed Services.