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S. 999, Small Business Development Centers Improvement Act of 2015 (CBO Report for Congress)

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Congress 114th
Date Requested April 23, 2015
Requested By Senate Committee on Small Business and Entrepreneurship
Date Sent May 29, 2015
Description:

S. 999 would direct the Small Business Administration (SBA) to develop procedures to collect data about Small Business Development Centers (SBDCs) that receive grants from the agency. The bill also would amend rules affecting SBDCs by, for instance, allowing them to market their services.

Based on information from the SBA, CBO estimates that implementing S. 999 would cost less than $500,000 per year over the 2016-2020 period, assuming availability of appropriated funds, for additional data collection and monitoring activities. Enacting S. 999 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.

S. 999 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments.

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