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Contract Our Veterans Act of 2026: Boosting Veteran-Owned Businesses

This bill aims to increase the number of government contracts awarded to small businesses owned by veterans. It sets a mandatory goal for federal agencies to ensure veterans receive a fair share of government spending.
Key points
Sets a 5% minimum goal for federal contracts awarded to veteran-owned small businesses.
Allows agencies to award certain contracts directly to veteran-owned firms without open competition.
Creates 'set-aside' competitions where only veteran-owned businesses can bid.
Requires businesses to be verified in an official database to participate.
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Status:
Introduced
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Additional Information
Print number: 119_S_3964
Sponsor: Sen. Sheehy, Tim [R-MT]
Process start date: 2026-03-03
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Contract Our Veterans Act of 2026

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_3964.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2026-03-03.

What are the main provisions?

Key points include:

  • Sets a 5% minimum goal for federal contracts awarded to veteran-owned small businesses.
  • Allows agencies to award certain contracts directly to veteran-owned firms without open competition.
  • Creates 'set-aside' competitions where only veteran-owned businesses can bid.
  • Requires businesses to be verified in an official database to participate.
What is the specific legal status?

The current status is Introduced.

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 Sen. Sheehy, Tim [R-MT].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-03-18.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy