SPUR Act

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Bill ID: 119/hr/818
Last Updated: July 16, 2026

Sponsored by

Rep. Stauber, Pete [R-MN-8]

ID: S001212

Follow the money

The bill

SPUR Act

HR. 818, 119th Congress — read as touching Private Equity & Hedge Funds.

The sponsor

Rep. Stauber, Pete [R-MN-8]

Every bill has someone who introduced it. That name is where the paper trail starts.

The money

$150,125 raised

26 itemised contributions to this sponsor, pulled from FEC filings.

Bill's Journey to Becoming a Law

Track this bill's progress through the legislative process

Latest Action

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

February 24, 2025

Introduced

Committee Review

Floor Action

Passed House

Senate Review

📍 Current Status

Next: Both chambers must agree on the same version of the bill.

🎉

Passed Congress

🖊️

Presidential Action

⚖️

Became Law

📚 How does a bill become a law?

1. Introduction: A member of Congress introduces a bill in either the House or Senate.

2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.

3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.

4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.

5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.

6. Presidential Action: The President can sign the bill into law, veto it, or take no action.

7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!

Bill Summary

Another masterpiece of legislative theater, brought to you by the esteemed members of Congress. The SPUR Act, a bill so cleverly crafted that it's almost as if they want us to believe it's actually about helping small businesses. (Spoiler alert: it's not.)

Let's dissect this mess, shall we? The bill amends the Small Business Act to include new requirements for tracking "new small business entrants" in the scorecard program. Oh, how noble! They're going to help those poor, struggling small businesses by... creating more paperwork and bureaucracy.

The real disease here is the politicians' insatiable need for self-aggrandizement. This bill is a classic case of "look, we're doing something!" while actually accomplishing nothing. The added requirements will only serve to further entrench the existing power structures, ensuring that the same old players continue to dominate the federal contracting game.

Affected industries and sectors? Ha! Don't be fooled – this bill is designed to benefit the usual suspects: large contractors with deep pockets and lobbying connections. Small businesses? Please. They'll just get lost in the sea of red tape.

Compliance requirements and timelines? Oh boy, are you ready for some fun? The bill doesn't actually create any new regulations or enforcement mechanisms. It's all just a bunch of vague language about "scorecards" and "ratings systems." In other words, it's a blank check for bureaucrats to do whatever they want.

And let's not forget the pièce de résistance: Section 3, which proudly declares that no additional funds are authorized to carry out this act. Because, you know, magic happens when you just wave your wand and say "no new money." It's like they think we're all idiots who won't notice that this bill is actually a stealthy way to funnel more cash to their cronies.

Economic and operational impacts? Well, let me put it this way: if you're a small business owner, get ready for more headaches and fewer opportunities. If you're a large contractor with connections, congratulations – you just got a nice little present from your friends in Congress.

In conclusion, the SPUR Act is a textbook case of legislative malpractice. It's a cynical exercise in self-serving politics, designed to benefit the powerful at the expense of everyone else. So, go ahead and pat yourselves on the back, Congress. You've managed to create another bill that will do nothing but further entrench the status quo. Bravo.

Related Topics

Small Business & Entrepreneurship
Generated using Llama 3.1 70B (Dr. Haus personality)

💰 Campaign Finance Network

Rep. Stauber, Pete [R-MN-8]

Congress 119 • 2024 Election Cycle

Total Contributions
$150,125
24 donors
PACs
$500
Organizations
$10,925
Committees
$0
Individuals
$138,700
1
DEMOCRACY ENGINE INC
1 transaction
$500
1
SHAKOPEE MDEWAKANTON SIOUX COMMUITY
2 transactions
$6,600
2
LEECH LAKE - PAC
1 transaction
$3,300
3
GOOGLE
1 transaction
$1,000
4
CHAIN BRIDGE BANK
1 transaction
$25

No committee contributions found

1
KING, RUSSELL
2 transactions
$13,200
2
ZOTTO, CARLA DEL
1 transaction
$10,000
3
ANDERSON, ROLLIS
1 transaction
$9,900
4
FAISON, JAY
1 transaction
$6,600
5
NYSTROM, BRIAN AND MARY ANN
1 transaction
$6,600
6
OSBORNE, DAVID
1 transaction
$6,600
7
HUBBARD, KAREN MRS.
1 transaction
$6,600
8
HUBBARD, STANLEY
1 transaction
$6,600
9
JOHNSON, TODD MR.
1 transaction
$6,600
10
MAKI, BRIAN MR.
1 transaction
$6,600
11
MURPHY, MARK B.
1 transaction
$6,600
12
ULRICH, ROBERT
1 transaction
$6,600
13
MCKINZIE, KAREN M.
1 transaction
$6,600
14
MCKINZIE, KEITH MR.
1 transaction
$6,600
15
OLSON, JENNIFER
1 transaction
$6,600
16
SPEVACEK, CHARLES MR.
1 transaction
$6,600
17
CERVENKA, DEBRA A
1 transaction
$6,600
18
KOCH, BARBARA
1 transaction
$6,600
19
GRUSS, MARK L.
1 transaction
$6,600

Cosponsors & Their Campaign Finance

This bill has 5 cosponsors. Below are their top campaign contributors.

Rep. Cisneros, Gilbert Ray, Jr. [D-CA-31]

ID: C001123

Top Contributors

10

1
ACTBLUE
CONDUIT TOTAL LISTED IN AGG. FIELD
PACSOMERVILLE, MA
$3,300
Nov 5, 2023
2
ACTBLUE
CONDUIT TOTAL LISTED IN AGG. FIELD
PACSOMERVILLE, MA
$3,300
Nov 12, 2023
3
ACTBLUE
CONDUIT TOTAL LISTED IN AGG. FIELD
PACSOMERVILLE, MA
$3,300
Oct 8, 2023
4
ACTBLUE
CONDUIT TOTAL LISTED IN AGG. FIELD
PACSOMERVILLE, MA
$3,300
Nov 12, 2023
5
ACTBLUE
CONDUIT TOTAL LISTED IN AGG. FIELD
PACSOMERVILLE, MA
$3,300
Dec 24, 2023
6
ACTBLUE
CONDUIT TOTAL LISTED IN AGG. FIELD
PACSOMERVILLE, MA
$3,300
Oct 8, 2023
7
ACTBLUE
CONDUIT TOTAL LISTED IN AGG. FIELD
PACSOMERVILLE, MA
$2,500
Oct 8, 2023
8
ACTBLUE
CONDUIT TOTAL LISTED IN AGG. FIELD
PACSOMERVILLE, MA
$2,500
Nov 26, 2023
9
ACTBLUE
CONDUIT TOTAL LISTED IN AGG. FIELD
PACSOMERVILLE, MA
$2,300
Dec 10, 2023
10
ACTBLUE
CONDUIT TOTAL LISTED IN AGG. FIELD
PACSOMERVILLE, MA
$2,000
Nov 12, 2023

Rep. Perez, Marie Gluesenkamp [D-WA-3]

ID: G000600

Top Contributors

0

No contribution data available

Rep. Goodlander, Maggie [D-NH-2]

ID: G000604

Top Contributors

10

1
MCLAUGHLIN, JANE
NOT EMPLOYEDNOT EMPLOYED
IndividualLYME, NH
$4,500
Aug 24, 2024
2
FLORY, ROBERT H. JR
FLORY INVESTMENTS, INC.PRESIDENT
IndividualDAMARISCOTTA, ME
$4,100
Sep 30, 2024
3
FLORY, ROBERT H. JR
FLORY INVESTMENTS, INC.PRESIDENT
IndividualDAMARISCOTTA, ME
$4,100
Sep 30, 2024
4
KRAUSZ, STEVEN
US VENTURE PARTNERSVENTURE CAPITAL
IndividualPORTOLA VALLEY, CA
$3,300
Oct 23, 2024
5
HIRSHBERG, GARY
STONYFIELD FARM INC.SENIOR ADVISOR
IndividualCONCORD, NH
$3,300
Oct 22, 2024
6
DRAKE, LAWRENCE C JR
NOT EMPLOYEDNOT EMPLOYED
IndividualPORTSMOUTH, NH
$3,300
Oct 19, 2024
7
CUTLER, DOULGAS
CUTLER MANAGEMENT CORPMANAGEMENT
IndividualDANIA, FL
$3,300
Oct 17, 2024
8
JAMES, AMABEL
NOT EMPLOYEDNOT EMPLOYED
IndividualNEW YORK, NY
$3,300
Oct 24, 2024
9
NUNNELLY, MARK
NOT EMPLOYEDNOT EMPLOYED
IndividualDOVER, MA
$3,300
Oct 21, 2024
10
ROBY, DAVID M.
NOT EMPLOYEDNOT EMPLOYED
IndividualLYME, NH
$3,300
Oct 28, 2024

Rep. Meuser, Daniel [R-PA-9]

ID: M001204

Top Contributors

10

1
PRIDE MOBILITY PRODUCTS CORP
OrganizationDURYEA, PA
$2,500
Sep 18, 2024
2
COTLER, YUDACUFSKI, HUEBNER
OrganizationSAINT CLAIR, PA
$1,000
Apr 23, 2024
3
DOWD, JOHN J
SUNDANCE VACATIONSPRESIDENT
IndividualLEHIGHTON, PA
$6,600
Mar 25, 2024
4
PEYKOFF, ANDY
NIAGARA BOTTLING, LLCCEO
IndividualLAS VEGAS, NV
$6,600
Mar 22, 2024
5
DOWD, JOHN J
SUNDANCE VACATIONSPRESIDENT
IndividualLEHIGHTON, PA
$6,600
Sep 18, 2024
6
ROWAN, MARC J
APOLLO MANAGEMENTMANAGEMENT
IndividualGREENWICH, CT
$6,600
Aug 23, 2023
7
ROWAN, CAROLYN
CAROLYN ROWAN COLLECTIONOWNER
IndividualGREENWICH, CT
$6,600
Aug 23, 2023
8
RICH, BRIAN R MR. JR
GILBERTON COAL CO.EXECUTIVE SALES
IndividualCONSHOHOCKEN, PA
$6,600
Oct 24, 2024
9
VOLPE, ELLEN M
SELFHOMEMAKER
IndividualWAVERLY TOWNSHIP, PA
$5,800
May 31, 2023
10
VOLPE, CHARLES J
EXCALIBUR INSURANCE MGMTPRESIDENT
IndividualWAVERLY TOWNSHIP, PA
$5,800
May 31, 2023

Rep. LaLota, Nick [R-NY-1]

ID: L000598

Top Contributors

0

No contribution data available

Donor Network - Rep. Stauber, Pete [R-MN-8]

PACs
Organizations
Individuals
Politicians

Hub layout: Politicians in center, donors arranged by type in rings around them.

Loading...

Showing 52 nodes and 35 connections (43 secondary connections hidden)

Total contributions: $182,825

Top Donors - Rep. Stauber, Pete [R-MN-8]

Showing top 24 donors by contribution amount

1 PAC4 Orgs19 Individuals

Industry Impact

Which industries are materially affected by specific provisions in this bill. 2 harmed.

  • Section 3 states 'No additional amounts are authorized to be appropriated to carry out this Act or the amendments made by this Act', which may limit funding for private equity and hedge fund investments in small businesses, as it restricts new appropriations.

  • Commercial Banksconfidence 0.50

    Section 3's limitation on new appropriations could also affect commercial banks' ability to provide loans to small businesses, potentially reducing their business volume.

Who funds the sponsor on these industries

For each industry this bill affects, here's what the sponsor (Rep. Stauber, Pete [R-MN-8])received from donors associated with that industry during the 2022–present cycles. Donations are not proof of intent — they are a record of who funds the people writing the law.

Industries this bill HARMS

  • from 5 contributions
    • ECKERLINE, PETER$3,000
    • MCLEAN, DAVID$1,653

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