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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