As reported by the Senate Committee on Small Business and Entrepreneurship on May 23, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
0
0
0
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
0
0
Spending Subject to Appropriation (Outlays)
*
*
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
No
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
* = between zero and $500,000.
Summary
H.R. 7987 would require the Small Business Administration to issue rules requiring that notices of contracting opportunities for small businesses be written in a clear and concise manner consistent with the plain language guidelines established by the Plain Writing Act of 2010.
Based on the cost of similar activities, CBO estimates that implementing H.R. 7987 would cost less than $500,000 over the 2024-2029 period. Any related spending would be subject to the availability of appropriated funds.