Heller Introduces Bill to Measure Small
Transparency in Small Business
Assistance Act Increases Transparency,
Responsiveness at the SBA
(WASHINGTON, DC) â€“ Today, U.S.
Senator Dean Heller (R-NV) announced
introduction of the Transparency in Small
Business Assistance Act (S. 936).
Hellerâ€™s bill will help the Small
Business Administration (SBA) and Congress
determine whether SBA assistance programs
provide effective and consistent help to
â€śMy number one priority in
Congress is getting Nevadans back to work.
Over the last four years, many small
businesses - the lifeblood of our economy -
have had to rely on SBA assistance programs
in order to survive.Â It is important
to track whether this assistance has been
beneficial to small businesses.Â If
the assistance programs are not working
properly, Congress must take necessary
actions to improve these programs,â€ť
said Senator Dean Heller.
GAO report revealed
that the SBA typically does not collect
information to track the success of its
programs.Â Collecting information from
businesses who have received SBA assistance
will enable the SBA and Congress to measure
program outcomes, ensure the federal
government is not wasting taxpayersâ€™
dollars, and provide efficient and
effective support to small businesses.
Hellerâ€™s SBA Efficiency Act would
require the SBA to collect information
- Whether a small business is still
operational six months and one year after
receiving assistance through the
- The reasons for closure if a small
business is no longer in operation.
- A businessâ€™s average employment
six months and one year after it received
assistance through the SBA.
- Number of referrals an SBA program
makes to other SBA programs or agencies
if they are unable to provide the proper
small business assistance.
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