HB5147: Investing in VETS Act Investing in Veteran Entrepreneurial Talents Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
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.
Plain-language summary
The Investing in VETS Act would change how the federal government tracks progress toward hiring service-disabled veteran-owned small businesses as contractors. Currently, the government sets goals for buying from these businesses and counts self-certified ones—businesses that declare their veteran status without formal verification—toward those goals. This bill would increase those goals and stop counting self-certified businesses toward the targets. The bill is currently introduced and awaiting review.
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HB5147: Investing in VETS Act Investing in Veteran Entrepreneurial Talents Act
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Sponsors
Jennifer Kiggans
Primary SponsorCo-sponsors (8)
Frank Mrvan
Wesley Hunt
Donald Davis
Brittany Pettersen
Derrick Van Orden