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Veteran Business Support: Increased Federal Contracts and Clear Rules.

This act raises the target for small businesses owned by service-disabled veterans in government contracts from 3% to 5%. Furthermore, only officially certified businesses will count towards these goals, ensuring greater transparency and fairness. This means more business opportunities for veterans and potentially better services for the government.
Key points
Increases the goal for service-disabled veteran-owned small business participation in federal contracts from 3% to 5%.
Only officially certified veteran-owned businesses will be included in contract goal calculations, excluding self-certified ones.
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Expired
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Additional Information
Print number: 118_HR_5147
Sponsor: Rep. Kiggans, Jennifer A [R-VA-2]
Process start date: 2023-08-04
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Investing in VETS Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_5147.

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 2023-08-04.

What are the main provisions?

Key points include:

  • Increases the goal for service-disabled veteran-owned small business participation in federal contracts from 3% to 5%.
  • Only officially certified veteran-owned businesses will be included in contract goal calculations, excluding self-certified ones.
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. Kiggans, Jennifer A [R-VA-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Small Business.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

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