Bill

Bill > HR3776


US HR3776

US HR3776
BUILD Veterans Businesses Act of 2021 Better Utilizing Infrastructure for Lasting Development of Veterans Businesses Act of 2021


summary

Introduced
06/08/2021
In Committee
06/09/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To provide that not less than 3 percent of the amounts made available for certain Federal-aid highway programs shall be expended through veteran owned small business concerns, and for other purposes.

AI Summary

This bill, the Better Utilizing Infrastructure for Lasting Development of Veterans Businesses Act of 2021 (or the BUILD Veterans Businesses Act of 2021), requires that at least 3% of the funding for Federal-aid highway and public transportation programs be expended through veteran-owned small business concerns. The bill defines key terms such as "small business concern," "veteran," and "veteran-owned small business concern," and directs the Secretary of Transportation to establish minimum uniform criteria for certifying whether a business qualifies as a veteran-owned small business concern, including a limit on the personal net worth of the veteran owners. The bill also requires the Secretary to establish minimum reporting requirements for state governments to provide information on veteran-owned small business awards, commitments, and achievements.

Committee Categories

Transportation and Infrastructure

Sponsors (4)

Last Action

Referred to the Subcommittee on Highways and Transit. (on 06/09/2021)

bill text


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