HB4480: Successful Entrepreneurship for Reservists and Veterans Act SERV Act
- Introduced (completed)
- 2Passed One Chamber (current step)
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To require the Administrator of the Small Business Administration to report on the veterans interagency task force, to require the Comptroller General of the United States to report on access to credit for small business concerns owned and controlled by covered individuals, and for other purposes.
Plain-language summary
This bill requires the Small Business Administration to report on a veterans interagency task force that helps veterans start and run businesses. It also requires the Comptroller General—the federal official who audits government spending—to study whether veterans and covered individuals can easily access loans for small businesses. The bill affects veterans, military reservists, and people from underrepresented groups trying to start businesses. The bill has passed the House and is now in the Senate.
AI-generated summary
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HB4480: Successful Entrepreneurship for Reservists and Veterans Act SERV Act