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H. Rept. 117-542 1 (2022-10-14)

handle is hein.congrecreports/crptxaeug0001 and id is 1 raw text is: AUTHENTICATED
U.S. GOVERNMENT
INFORMATION .
117TH CONGRESS                                                     REPORT
2d Session        HOUSE OF REPRESENTATIVES                     117-542
STEP IMPROVEMENT ACT OF 2022
OCTOBER 14, 2022.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Ms. VELAZQUEZ, from the Committee on Small Business,
submitted the following
R E P O R T
[To accompany H.R. 8844]
The Committee on Small Business, to whom was referred the bill
(H.R. 8844) to reauthorize the State Trade Expansion Program of
the Small Business Administration, and for other purposes, having
considered the same, reports favorably thereon without amendment
and recommends that the bill do pass.
CONTENTS
Page
I.  Purpose  and  Bill  Sum m ary  .........................................................................  1
II. Background  and  Need  for  Legislation  ..........................................................  2
III. Hearings ......................................................................................................... 3
IV. Committee Consideration .............................................................................. 4
V .  C om m ittee  V otes  ..........................................................................................  4
VI.  Section-by-Section  for  H .R. 8844  .................................................................  4
VII. Congressional Budget Cost Estim ate  .........................................................  6
VIII. New Budget Authority, Entitlement Authority, and Tax Expenditures         6
IX. Committee Oversight Findings and Recommendations .............................  6
X. Statement of General Performance Goals and Objectives .........................  6
XI. Duplication  of Federal Program s  ..................................................................  6
XII. Congressional Earmarks, Limited Tax Benefits, and Limited Tariff Ben-
efits  ....................................................................................................... .....  6
XIII.  Federal M andates  Statem ent  .......................................................................  7
XIV. Federal Advisory  Committee  Statement ......................................................  7
XV. Applicability  to  Legislative  Branch  ..............................................................  7
XVI. Changes in Existing Law Made by the Bill, as Reported ...........................  7
I. PURPOSE AND BILL SUMMARY
The purpose of H.R. 8844, the STEP Improvement Act of 2022,
is to modernize and strengthen the Small Business Administra-
tion's (SBA) State Trade Expansion Program (STEP). Specifically,
the legislation would create a standardized application process, in-
crease flexibility, improve communications between the SBA and
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