S.2172 - Fairness in Women-Owned Small Business Contracting Act of 2012112th Congress (2011-2012)
|Sponsor:||Sen. Snowe, Olympia J. [R-ME] (Introduced 03/07/2012)|
|Committees:||Senate - Small Business and Entrepreneurship|
|Latest Action:||03/07/2012 Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S1462) (All Actions)|
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Summary: S.2172 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in Senate (03/07/2012)
Fairness in Women-Owned Small Business Contracting Act of 2012 - Amends the Small Business Act with respect to the procurement program for women-owned small businesses (providing a federal procurement contracting preference to such businesses) to: (1) remove the requirement that the woman or women owning such business be economically disadvantaged, (2) remove contract award price limits, and (3) allow a contracting officer to award a sole source contract to such a business under the same conditions as such a contract may be awarded to a qualified HUBZone (historically underutilized business zone) small business.
Directs the Administrator of the Small Business Administration (SBA) to: (1) periodically conduct a study to identify any U.S. industry in which women are underrepresented; and (2) every five years, report study results to the congressional small business committees.