Bill Summary
This bill aims to extend the authorization of the Department of Defense mentor-protege program, which was initially established in 1991. The program provides support and assistance to small businesses by pairing them with larger companies as mentors. The bill amends the National Defense Authorization Act to extend the program's authorization until September 30, 2023, and also extends the deadline for the Department of Defense to report on the program's effectiveness until September 30, 2026. This legislation highlights the government's efforts to support and foster the growth of small businesses through mentorship programs.
Possible Impacts
1. The legislation could potentially benefit small businesses by extending the Department of Defense mentor-protege program, allowing them to receive valuable guidance and support from larger, more established companies.
2. The extension of the program could also lead to job creation and economic growth as small businesses are able to improve their capabilities and competitiveness through the mentorship program.
3. On the other hand, the legislation could also limit opportunities for smaller businesses if the mentor-protege program is dominated by a few large companies, potentially leading to a lack of diversity and competition in the defense industry.
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5938 Introduced in House (IH)]
<DOC>
116th CONGRESS
2d Session
H. R. 5938
To reauthorize the Department of Defense mentor-protege program.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 21, 2020
Ms. Jackson Lee introduced the following bill; which was referred to
the Committee on Armed Services
_______________________________________________________________________
A BILL
To reauthorize the Department of Defense mentor-protege program.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. REAUTHORIZATION OF DEPARTMENT OF DEFENSE MENTOR-PROTEGE
PROGRAM.
Section 831(j) of the National Defense Authorization Act for Fiscal
Year 1991 (Public Law 101-510; 104 Stat. 1607; 10 U.S.C. 2302 note) is
amended--
(1) in paragraph (1) by striking ``September 30, 2018'' and
inserting ``September 30, 2023''; and
(2) in paragraph (2), by striking ``September 30, 2021''
and inserting ``September 30, 2026''.
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