S.1093 - Coordinated Support for Rural Small Businesses Act (119th Congress)
Summary
S.1093, the Coordinated Support for Rural Small Businesses Act, aims to amend the Small Business Act to enhance the Office of Rural Affairs within the Small Business Administration (SBA). The bill focuses on improving support and resources for small businesses located in rural areas. It emphasizes interagency cooperation, particularly between the SBA and the Department of Agriculture (USDA), to streamline programs and services.
Expected Effects
The bill would lead to increased outreach events, better coordination between federal agencies, and improved access to capital and technical assistance for rural small businesses. It also mandates regular reporting to Congress on the activities and performance of the Office of Rural Affairs. This should result in more effective support for rural businesses.
Potential Benefits
- Enhanced support for rural small businesses through targeted programs and resources.
- Improved coordination between the SBA and USDA, leading to streamlined services.
- Increased outreach events to connect rural businesses with available assistance.
- Better access to capital and investment opportunities in rural areas.
- Regular reporting to Congress, ensuring accountability and transparency.
Potential Disadvantages
- Potential for increased bureaucracy and administrative overhead.
- Possible overlap and duplication of efforts between the SBA and USDA.
- The effectiveness of the interagency cooperation depends on the willingness of both agencies.
- The bill's success relies on adequate funding and staffing for the Office of Rural Affairs.
- The report to congress may be costly and time consuming.
Constitutional Alignment
The bill appears to align with the Constitution's general welfare clause (Preamble). Congress has the power to regulate commerce and provide for the general welfare, which includes supporting small businesses, especially in underserved rural areas. The bill does not appear to infringe on any specific constitutional rights or limitations.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).