State Trade Expansion Advances

Posted 5/23/24

Senate Committee on Small Business and Entrepreneurship today reported out a bill modifying the State Trade Expansion Program (STEP) .

The STEP Modernization Act of 2024 updates STEP by streamlining the application, reporting and compliance requirements, improving award consistency and transparency and establishing a formula that will replace the current competitive process for determining award amounts once appropriations reach a set level.

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E-edition

Vol 46 No. 42, October 19, 2026

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