Corrective Action Report Oversight and Accountability Act

This bill, introduced by Representative Marie Gluesenkamp Perez, aims to improve how federal agencies report on their progress toward meeting small business contracting goals. It would require the Small Business Administration (SBA) to create a standardized "corrective action report" for any federal agency that fails to meet its targets for awarding contracts to small businesses.

For everyday citizens and small business owners, this legislation is designed to increase transparency and accountability in how the government spends taxpayer dollars. By requiring agencies to publicly detail why they missed their goals and how they plan to improve, the bill seeks to ensure that more federal contract opportunities are accessible to local small businesses rather than only large corporations.