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house Bill H.R. 6133

STEP Improvement Act of 2020

Bill Details

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Title

STEP Improvement Act of 2020

Official Title

To reauthorize the State Trade Expansion Program of the Small Business Administration, and for other purposes.

Summary

STEP Improvement Act of 2020 This bill reauthorizes through FY2024 the Small Business Administration's (SBA) State Trade Expansion Program, which provides foreign trade assistance to small businesses, and it revises provisions related to the administration of the program. Specifically, the SBA must establish a time frame for, and provide certain information related to, the application process, and it must conduct an annual survey to solicit feedback on the program. The SBA must collect data on certain performance metrics such as the (1) total number of small businesses assisted by the program, (2) total dollar amount of export sales by participating small businesses, and (3) number of small businesses that have created new jobs through their participation in the program. The bill also requires applicants for participation to include a budget plan that outlines their intended use of funds awarded under the program.

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
    IntroducedMarch 9th, 2020

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