The most updated version of the Build Back Better text was released last week by the House Rules Committee. Although House members and Speaker Pelosi intends to bring the BBB text up for a vote as early as next week, there are multiple steps to consider regarding the bill’s timeline before that can happen:
- Members want to see the official Congressional Budget Office scoring on the BBB provisions (which can easily stretch beyond next week). If the CBO scoring is different from the figures in the White House’s score, moderate Democrats are committed to resolving any differences in the text to ensure the scores match before the bill is released from the chamber. For the moderate’s official statement, click here.
- Once the legislation clears the House (whenever that may be), key moderates and Senate leadership will need to approve of the bill as well. Senate offices are expected to make changes to this version of the text, and with not one but two recesses (and the Holiday season) quickly approaching, the pressure to complete the BBB act before the New Year continues to build.
- The House will need to either reconcile or approve of the Senate changes to the BBB when it comes back to the House for final passage.
On the Hill
The Senate Committee on Small Business and Entrepreneurship will hold a Business Meeting on Wednesday, November 17 at 2:30 PM
Bills of Interest
Rep. Jason Crow (D-CO-6) introduced a resolution supporting the goals and ideals of “National Veterans Small Business Week.”
At the Agencies
U.S. Small Business Administration
The U.S. Small Business Administration Published a readout on Administrator Isabella Casillas Guzman Celebrates National Veterans Small Business Week with Visits to College Park, Maryland, and Syracuse, New York
The U.S. Small Business Administration Administrator Guzman Announces the Addition of Five New Regional Innovation Clusters