Bill
Bill > HR5147
summary
Introduced
08/04/2023
08/04/2023
In Committee
08/04/2023
08/04/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Small Business Act to increase certain goal for participation in Federal contracts by small business concerns owned and controlled by service-disabled veterans, to exclude such self-certified concerns from governmentwide and Federal agency goals, and for other purposes.
AI Summary
This bill, the Investing in Veteran Entrepreneurial Talents Act (or Investing in VETS Act), aims to increase the government-wide goal for participation in federal contracts by small business concerns owned and controlled by service-disabled veterans from 3% to 5%. It also excludes self-certified service-disabled veteran-owned small businesses (SDVOSBs) from counting towards the government-wide and agency-specific goals, requiring such businesses to be certified under Section 36 of the Small Business Act in order to be included.
Committee Categories
Business and Industry
Sponsors (9)
Jen Kiggans (R)*,
Don Davis (D),
Josh Gottheimer (D),
Wesley Hunt (R),
Frank Mrvan (D),
Joe Neguse (D),
Brittany Pettersen (D),
Mikie Sherrill (D),
Derrick Van Orden (R),
Last Action
Referred to the House Committee on Small Business. (on 08/04/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/5147/all-info |
| BillText | https://www.congress.gov/118/bills/hr5147/BILLS-118hr5147ih.pdf |
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