H.R. 1700, SCORE for Small Business Act of 2018

Floor Situation

On Tuesday, July 10, 2018, the House will consider H.R. 1700, the SCORE for Small Business Act of 2018, under suspension of the rules. This bill was introduced on March 23, 2017 by Rep. Alma S. Adams (D-NC) and was referred to the House Committee on Small Business.

Summary

H.R. 1700 reauthorizes the Service Corps of Retired Executives (SCORE) program, improves their online counseling services, and requires the SCORE association to provide recommendations on the future of SCORE. 

Background

The SCORE Association “Counselors to America’s Small Business” is a nonprofit association comprised of approximately 13,000 volunteer business counselors throughout the U.S. and its territories. SCORE volunteers are trained to serve as counselor’s advisors and mentors to aspiring entrepreneurs and business owners. These services are offered at no fee, as a community service.[1]

According to the bill’s sponsor, “[small businesses] are the backbone of our economy. During National Small Business Week, we recommit ourselves to ensuring that small businesses have the resources they need to thrive and to continue being the job creating engines of our economy.”[2]

Cost

A Congressional Budget Office (CBO) estimate is not currently available.

Staff Contact

For questions or further information please contact Ryan Hofmann with the House Republican Policy Committee by email or at 2-6674.