Small Business Legislation Introduced by Congresswoman Alma Adams Passes U.S. House of Representatives
Washington, D.C.—Today, Congresswoman Alma Adams (NC-12) released the subsequent statement following the passage of the National Defense Authorization Act (NDAA). The NDAA included the Small and Disadvantaged Businesses Act of 2016, introduced by Congresswoman Adams.
“I am proud to announce the passage of the Small and Disadvantaged Businesses Act of 2016” said Congresswoman Alma Adams. “As Ranking Member of the Small Business Subcommittee on Oversight and Investigations, I am committed to ensuring our small businesses have fair access to federal contracts.
“Small businesses are the drivers of our economy and the employers of the future. This legislation will ensure every agency properly monitors purchase card activity-to better free up the funds allocated to small businesses.
“We must remain committed to easing the burdens facing small and disadvantaged businesses and helping them gain the tools and resources necessary to do business effectively and to ultimately hire more people.”
The passage of the Small and Disadvantaged Businesses Act of 2016 allows the Offices of Small and Disadvantaged Business Utilization (OSDBU) to review agency purchases made using government credit cards to ensure compliance with the Small Business Act. The Small Business Committee learned last year that in one agency over $6 billion in such purchases were made without regard to statutory requirements. Additionally, the legislation furthers the committee’s long-standing commitment to parity between the contracting programs. This is the fourth bill introduced by Congresswoman Adams to pass the House.