
NDAA Awaits President’s Signature
December 16, 2020 5:52 pmLast week, the Senate approved the NDAA conference report which includes NSBA-opposed beneficial ownership language.
Last week, the Senate approved the NDAA conference report which includes NSBA-opposed beneficial ownership language.
Yesterday, the House approved the NDAA conference report which includes NSBA-opposed beneficial ownership language.
Congress returned to D.C. this week as lawmakers race to a spending bill, the NDAA and another COVID-19 relief bill.
The NDAA Conference Committee is expected to consider the bill, which includes NSBA-opposed beneficial ownership language, the week of Nov. 30 or Dec. 7.
Although the 2020 election continues to loom large, lawmakers are set to return to Washington, D.C. on Monday, to commence the lame-duck session which has no shortage of critical must-do pieces of legislation.
Late last week, a harmful amendment was filed to the fast-moving NDAA which would enact NSBA-opposed "Beneficial Ownership" reporting requirements.
The House recently passed their version of the 2019 NDAA which includes several small-business provisions such as prompt payment for subcontractors and much more.
House and Senate Conferees are expected to begin work in the coming weeks hammering out a compromise on NDAA bills which include small businesses contracting improvements.
Last week, the Senate approved the NDAA by a broad majority which includes SBIR reauthorization and now awaits President Barack Obama's signature.
The House recently approved final NDAA language that would reauthorize the SBIR/STTR programs and reject efforts to change how small-business contracts are counted.