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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8357 Introduced in House (IH)]

<DOC>

118th CONGRESS
  2d Session
                                H. R. 8357

 To provide that not less than 3 percent of the amounts made available 
  for certain Federal-aid highway programs shall be expended through 
     veteran owned small business concerns, and for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                              May 10, 2024

 Mr. Kim of New Jersey (for himself, Mr. Fitzpatrick, and Mr. Carson) 
 introduced the following bill; which was referred to the Committee on 
                   Transportation and Infrastructure

_______________________________________________________________________

                                 A BILL

 
 To provide that not less than 3 percent of the amounts made available 
  for certain Federal-aid highway programs shall be expended through 
     veteran owned small business concerns, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Better Utilizing Infrastructure for 
Lasting Development of Veterans Businesses Act of 2024'' or the ``BUILD 
Veterans Businesses Act of 2024''.

SEC. 2. BETTER UTILIZING INFRASTRUCTURE FOR LASTING DEVELOPMENT OF 
              VETERANS BUSINESSES.

    (a) Definitions.--In this section, the following definitions apply:
            (1) Small business concern.--The term ``small business 
        concern'' has the meaning given the term in section 3 of the 
        Small Business Act (15 U.S.C. 632).
            (2) Veteran.--The term ``veteran'' has the meaning given 
        the term in section 101(2) of title 38, United States Code.
            (3) Veteran owned small business concern.--The term 
        ``veteran owned small business concern'' has the meaning given 
        the term ``small business concern owned and controlled by 
        veterans'' in section 3(q) of the Small Business Act (15 U.S.C. 
        632 (q)).
    (b) Amounts for Veteran Owned Small Business Concerns.--Except to 
the extent that the Secretary of Transportation determines otherwise, 
not less than 3 percent of the amounts made available for Federal-aid 
highway and public transportation funds made available under chapter 1 
of title 23, United States Code, and chapter 53 of title 49, United 
States Code, shall be expended through veteran owned small business 
concerns.
    (c) Uniform Criteria.--The Secretary shall establish minimum 
uniform criteria for use by State governments in certifying whether a 
concern qualifies as a veteran owned small business concern for the 
purpose of this section. Such criteria shall include a limit on the 
personal net worth of the veterans who own and control the small 
business concern.
    (d) Reporting.--The Secretary shall establish minimum requirements 
for use by State government in reporting to the Secretary--
            (1) information concerning veteran owned small business 
        concern awards, commitments, and achievement; and
            (2) such other information as the Secretary determined to 
        be appropriate for the proper monitoring of the veterans 
        business enterprise program.
                                 <all>
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