SB5633: STEP Improvement Act of 2026
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to amend the Small Business Act to reauthorize the State Trade Expansion Program of the Small Business Administration, and for other purposes.
Plain-language summary
This bill reauthorizes the State Trade Expansion Program (STEP), which is a Small Business Administration initiative that helps small businesses expand into foreign markets. STEP provides grants and technical assistance to participating states, which then distribute resources to eligible small businesses seeking to export their products or services. The bill amends the Small Business Act, the federal law governing the Small Business Administration. The bill is currently in the introduction stage, meaning it was just submitted to Congress and has not yet been assigned to a for review.
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SB5633: STEP Improvement Act of 2026