Small Business Contracting Transparency Act of 2024

This bill requires the Small Business Administration (SBA) to submit annual reports to Congress starting in 2024, focusing on three categories of small businesses: those owned and controlled by women, HUBZone-certified businesses, and those owned by service-disabled veterans. The reports must include detailed data such as certification rates, contract award amounts and percentages, examination results, and decertification numbers for each category. These reports aim to increase transparency about how federal contracting programs for these business groups operate, without changing eligibility rules or creating new requirements for businesses. The SBA must submit these reports by May 1 each year to the relevant congressional committees.