Representative Steve Knight (CA-25) hit a legislative milestone last week when the President signed into law a measure that included his first bill.
H.R. 1390, the Small Business Joint Venturing Act, will give small businesses a better chance to compete for federal contracts by allowing them to form joint ventures and work together on contracts while maintaining their small business status. The legislation was originally introduced in the House of Representatives in March, and quickly passed through the House Small Business Committee with unanimous support.
In late April it was added as an amendment to the National Defense Authorization Act (NDAA) for 2016, which authorizes the budgets and expenditures for most national defense operations in the upcoming fiscal year. The NDAA, along with Rep. Knight’s bill, passed the House Armed Services Committee as well as both the House and Senate floors, but was vetoed by the President in November due to a disagreement over spending that was unrelated to H.R. 1390.
A compromise was reached between the President and Congress, and on Wednesday the NDAA and the Small Business Joint Venturing Act were signed into law.
“I am glad that my bill made its way through the twists and turns of the legislative process,” continued Representative Knight. “Ultimately, this measure will help the many small businesses in my community that want to compete for federal contracts, but don’t have the resources to do so on their own.”
The Small Business Joint Venturing Act is now law, and will be implemented by the Small Business Administration in 2016. Small businesses will be able to take advantage of its provisions late next year.
Representative Steve Knight, (R-Antelope Valley), represents California’s 25th Congressional District in the US House of Representatives, which includes the communities throughout the Antelope, Santa Clarita and Simi Valleys.
[Information via news release from Representative Steve Knight.]