Bill · H.R. 10622· House(119-HR-10622)
PROMISE for Small Businesses Act
- Introduced
- 9/28/2026
- Last activity
- 9/28/2026 — Referred to the House Committee on Small Business.
- Sponsored by
- Pablo Hernández
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill is known as the PROMISE for Small Businesses Act. It requires the Administrator to conduct compliance reviews for subcontracting plans. Under the bill, the Administrator must evaluate at least 10 percent of contracts for each Federal agency for a fiscal year. It also requires the Administrator to submit a report on these subcontracting plans. These changes amend the Small Business Act.
Yes
Does this make it easier to run a small business?+6
The bill enhances oversight and compliance reviews of federal subcontracting plans to better protect and support small businesses.
Would business owners be better off under this?+5
The bill ensures better enforcement of subcontracting rules, benefiting small business owners competing for federal subcontracts.
Does this make what the government does easier for the public to see?+5
The bill requires detailed reporting on contractor compliance and agency efforts regarding small business subcontracting plans.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Section 2 requires the Administrator to evaluate not less than 10 percent of contracts entered into for a fiscal year for compliance with subcontracting plans. This ensures oversight of various types of contracts and subcontracting plans.
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Section 3 requires the Administrator to include a description of the extent to which contractors complied with their plans, detail efforts made to understand noncompliance, and report on any additional actions taken. This holds officials and contractors accountable by making sure reports provide clear information on compliance.
Potential Negative Impacts for People
- The provided text does not contain any specific sections or provisions that outline negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+6
- Demographic And Interest Groups
- Good For Business Owners+5
- Governance And Ideology
- Improves Government Transparency+5
- 9/28/2026
- Referred to the House Committee on Small Business.
- 1 Cosponsor added.
- Introduced in House
Gilbert CisnerosDemocrat · California