To amend the Small Business Act to include surviving children in the definition of small business concern owned and controlled by service-disabled veterans, and for other purposes.
To amend the Small Business Act to include surviving children in the definition of small business concern owned and controlled by service-disabled veterans, and for other purposes.
Plain Language Summary
# HR 3195 Summary **What the Bill Would Do** This bill would change federal law to allow the surviving children of disabled veterans to qualify for special small business programs currently reserved for service-disabled veterans themselves. Under current rules, only veterans with service-connected disabilities can access these benefits. The bill would expand eligibility to include their surviving children, giving them the same access to government contracts, loans, and other support programs designed to help veteran-owned businesses get started and grow. **Who It Affects** The bill primarily affects surviving children of deceased service-disabled veterans and the federal small business programs that serve them. It could also indirectly affect federal contracting, as government agencies set aside certain contract opportunities for veteran-owned businesses.
Small business programs and the Small Business Administration would need to implement the new eligibility rules. **Current Status** HR 3195 was introduced by Representative Barry Moore (R-AL) in the 119th Congress and is currently pending in committee. The bill has not yet been voted on by either the full House or Senate. The specific provisions beyond the main eligibility change were not detailed in the available information.
Latest Action
Referred to the House Committee on Small Business.