Bill > HR828

This bill, known as the SERV Act (Successful Entrepreneurship for Reservists and Veterans Act), requires two key reports to support veterans and military-connected small business owners. First, the Small Business Administration (SBA) must submit an annual report alongside its budget documents detailing the appointments and activities of the Veterans Interagency Task Force, as well as outlining a plan for outreach and promotion of various veteran entrepreneurship programs like Boots to Business and the Veteran Institute for Procurement. Second, the Comptroller General must submit a comprehensive report within one year analyzing veterans' and military-connected individuals' access to credit, including examining credit sources, default rates, available federal lending programs, obstacles to credit access, and the impact of military deployment on credit history. The bill defines "covered individuals" broadly as veterans, service-disabled veterans, Reservists, and their spouses. Importantly, the bill does not require additional appropriations, meaning it aims to improve reporting and support within existing resources. The goal appears to be gathering more detailed information to better understand and support entrepreneurship among military-connected individuals.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/828/all-info