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Veteran Business Verification Transfer Extended to 2024

This act extends the date by which the Small Business Administration (SBA) will take over the verification process for businesses owned by veterans or service-disabled veterans. This means current verification rules and procedures will remain in place longer, giving veteran-owned businesses more time to adapt to future changes.
Key points
Extends the transfer date for veteran business verification to the SBA until January 1, 2024.
Veteran-owned businesses will have more time to prepare for new verification procedures.
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Expired
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Additional Information
Print number: 117_HR_8942
Sponsor: Rep. Mfume, Kweisi [D-MD-7]
Process start date: 2022-09-21
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

VA–SBA Extension Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_8942.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-09-21.

What are the main provisions?

Key points include:

  • Extends the transfer date for veteran business verification to the SBA until January 1, 2024.
  • Veteran-owned businesses will have more time to prepare for new verification procedures.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Mfume, Kweisi [D-MD-7].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Oversight and Investigations.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

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Benefits Economy