Giving Disadvantaged Businesses Opportunities for Success Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Feb 6, 2023)
Giving Disadvantaged Businesses Opportunities for Success Act
This bill revises the Department of Transportation (DOT) Disadvantaged Business (DBE) program and Airport Concession Disadvantaged Business Enterprise (ACDBE) program.
Specifically, the bill requires the DOT to increase the maximum personal net worth allowable for participation in both programs to account for any inflation that has occurred since the most recent increase to $1.32 million.
The bill further aligns the size limits for small businesses eligible for the programs with the Small Business Administration's size standards. It also excludes certain assets such as the equity applicants have in their primary residence from the calculation of an applicant's net worth under the programs.
The bill also reauthorizes through FY2028 the DOT Minority Resource Center, which supports minority enterprises in obtaining business opportunities.
Large participants in the DBE or ACDBE programs (e.g., state departments of transportation, hub airports) must have mentor-protégé programs that include certain outcome measures. States also must recognize another state's certification of a business under either program.
Additionally, the bill establishes an awards program to recognize program participants that meet specified criteria for excellence.
The bill establishes reporting requirements and standards related to waiving or exempting certain requirements of the programs, and it establishes an advisory committee to make policy recommendations for the programs.
What just happenedFeb 7, 2023
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Who’s behind it
- Introduced in HouseFeb 6, 2023
- Feb 7, 2023Committee
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Railroads, Pipelines, and Hazardous Materials Subcommittee - Feb 7, 2023Committee
Referred to the Subcommittee on Highways and Transit.
Highways and Transit Subcommittee - Feb 7, 2023Committee
Referred to the Subcommittee on Coast Guard and Maritime Transportation.
Coast Guard and Maritime Transportation Subcommittee - Feb 7, 2023Committee
Referred to the Subcommittee on Aviation.
Aviation Subcommittee - Feb 6, 2023IntroReferralH11100
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Small Business Committee - Feb 6, 2023IntroReferralH11100
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Transportation and Infrastructure Committee - Feb 6, 2023IntroReferralIntro-H
Introduced in House
- Feb 6, 2023IntroReferral1000
Introduced in House