Service-Disabled Veteran Opportunities in Small Business Act | ChamberLight
Bills · HR 865
IN COMMITTEE· 119TH CONGRESS
House BillHR 865Commerce
Service-Disabled Veteran Opportunities in Small Business Act
INTRO JAN 31· LAST ACTION JAN 31
READING
2MIN
COSPONSORS
8BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8
Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-written
This bill matters because it tries to make sure that small businesses run by service-disabled veterans get a fair share of government contracts. Currently, the federal government has a goal to award a certain percentage of its contracts to these businesses, but not all agencies meet that goal.
If this bill becomes law, it pushes federal agencies to actively improve how they find and work with veteran-owned businesses. This could provide a significant boost to the economy for service-disabled veterans who have started their own companies, recognizing their service and helping them build successful futures. If it doesn't pass, agencies that consistently miss their contracting goals might continue to do so, potentially limiting opportunities for these veteran entrepreneurs.
KEY PROVISIONS
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PROVISION 01
Requires the Small Business Administration (SBA) to provide training to federal agencies that have not met their contracting goals for service-disabled veteran-owned small businesses.
This ensures specific agencies receive targeted help to improve their performance in supporting veteran-owned businesses.
PROVISION 02
Mandates the SBA to issue guidance and best practices to all federal agencies on how to increase contracts awarded to service-disabled veteran-owned small businesses.
This provides a consistent strategy and useful tools for all agencies to follow, promoting better outcomes across the government.
PROVISION 03
Requires the SBA to submit an annual report to Congress, detailing agencies that failed to meet their goals and providing an overview of the training content.
This provision increases transparency and accountability, allowing Congress and the public to monitor agency performance and the effectiveness of the training.
This bill matters because it tries to make sure that small businesses run by service-disabled veterans get a fair share of government contracts. Currently, the federal government has a goal to award a certain percentage of its contracts to these businesses, but not all agencies meet that goal.
If this bill becomes law, it pushes federal agencies to actively improve how they find and work with veteran-owned businesses. This could provide a significant boost to the economy for service-disabled veterans who have started their own companies, recognizing their service and helping them build successful futures. If it doesn't pass, agencies that consistently miss their contracting goals might continue to do so, potentially limiting opportunities for these veteran entrepreneurs.
KEY PROVISIONS
AI-extracted
high
Requires the Small Business Administration (SBA) to provide training to federal agencies that have not met their contracting goals for service-disabled veteran-owned small businesses.
This ensures specific agencies receive targeted help to improve their performance in supporting veteran-owned businesses.
med
Mandates the SBA to issue guidance and best practices to all federal agencies on how to increase contracts awarded to service-disabled veteran-owned small businesses.
This provides a consistent strategy and useful tools for all agencies to follow, promoting better outcomes across the government.
high
Requires the SBA to submit an annual report to Congress, detailing agencies that failed to meet their goals and providing an overview of the training content.
This provision increases transparency and accountability, allowing Congress and the public to monitor agency performance and the effectiveness of the training.
Federal contracting goal for service-disabled veteran-owned businesses
A specific percentage target set by the federal government for the total value of contracts it aims to award to service-disabled veteran-owned small businesses each fiscal year.
