Greater Opportunities for Small Business Act of 2014

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Greater Opportunities for Small Business Act of 2014 - Amends the Small Business Act to require subcontracting plans for certain contracts with federal agencies exceeding a specified amount to include a minimum percentage goal of at least 40% for the utilization of small businesses as subcontractors.

Increases from 23% to 25% the minimum government-wide percentage goal for participation by small businesses in the total value of all procurement contracts awarded as prime contracts for each fiscal year.

Repeals a requirement under which first tier subcontracts (contracts in which a subcontractor has a subcontract directly with the prime contractor) awarded to small businesses by management and operating contractors sponsored by the Department of Energy (DOE) are considered toward the annually established agency and government-wide goals for procurement contracts awarded.

Delays the effective date of the 40% goal until the Small Business Administration (SBA) has promulgated any regulations necessary, and the Federal Acquisition Regulation has been revised, to implement specified provisions of the National Defense Authorization Act for Fiscal Year 2014 concerning the standards for determining whether a prime contractor has attained small business subcontracting percentage goals.

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4093 Introduced in House (IH)]

113th CONGRESS
  2d Session
                                H. R. 4093

  To amend the Small Business Act to raise the prime and subcontract 
                     goals, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 26, 2014

    Mr. Graves of Missouri introduced the following bill; which was 
              referred to the Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
  To amend the Small Business Act to raise the prime and subcontract 
                     goals, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Greater Opportunities for Small 
Business Act of 2014''.

SEC. 2. SMALL BUSINESS PRIME AND SUBCONTRACT PARTICIPATION GOALS 
              RAISED.

    (a) Goals in Subcontracting Plans.--Section 8(d)(6)(A) of the Small 
Business Act (15 U.S.C. 637(d)(6)(A)) is amended by inserting after 
``percentage goals'' the following: ``of not less than 40 percent''.
    (b) Prime Contracting Goals.--Section 15(g)(1)(A)(i) of the Small 
Business Act (15 U.S.C. 644(g)(1)(A)(i)) is amended by striking ``23 
percent'' and inserting ``25 percent''.
    (c) Delayed Effective Date.--The amendment made by subsection (a) 
of this section shall take effect only beginning on the date on which 
the Administrator of the Small Business Administration has promulgated 
any regulations necessary, and the Federal Acquisition Regulation has 
been revised, to implement section 1614 of the National Defense 
Authorization Act for Fiscal Year 2014 and the amendments made by such 
section.

SEC. 3. REPEAL OF CERTAIN PROVISION PERTAINING TO ACCOUNTING OF 
              SUBCONTRACTORS.

    Section 15(g) of the Small Business Act (15 U.S.C. 644(g)) is 
amended by striking paragraph (3).
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