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[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2499 Engrossed in House (EH)]

114th CONGRESS
  1st Session
                                H. R. 2499

_______________________________________________________________________

                                 AN ACT

 
   To amend the Small Business Act to increase access to capital for 
  veteran entrepreneurs, to help create jobs, 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 ``Veterans Entrepreneurship Act of 
2015''.

SEC. 2. PERMANENT SBA EXPRESS LOAN GUARANTEE FEE WAIVER FOR VETERANS.

    Section 7(a)(31) of the Small Business Act (15 U.S.C. 636(a)(31)) 
is amended by adding at the end the following:
                    ``(G) Guarantee fee waiver for veterans.--
                            ``(i) Guarantee fee waiver.--The 
                        Administrator may not collect a guarantee fee 
                        described in paragraph (18) in connection with 
                        a loan made under this paragraph to a veteran 
                        or spouse of a veteran on or after October 1, 
                        2015.
                            ``(ii) Exception.--If the President's 
                        budget for the upcoming fiscal year, submitted 
                        to Congress pursuant to section 1105(a) of 
                        title 31, United States Code, includes a cost 
                        for the program established under this 
                        subsection that is above zero, the requirements 
                        of clause (i) shall not apply to loans made 
                        during such upcoming fiscal year.
                            ``(iii) Definition.--In this subparagraph, 
                        the term `veteran or spouse of a veteran' 
                        means--
                                    ``(I) a veteran, as defined in 
                                section 3(q)(4);
                                    ``(II) an individual who is 
                                eligible to participate in the 
                                Transition Assistance Program 
                                established under section 1144 of title 
                                10, United States Code;
                                    ``(III) a member of a reserve 
                                component of the Armed Forces named in 
                                section 10101 of title 10, United 
                                States Code;
                                    ``(IV) the spouse of an individual 
                                described in subclause (I), (II), or 
                                (III); or
                                    ``(V) the surviving spouse (as 
                                defined in section 101 of title 38, 
                                United States Code) of an individual 
                                described in subclause (I), (II), or 
                                (III) who died while serving on active 
                                duty or as a result of a disability 
                                that is service-connected (as defined 
                                in such section).''.

SEC. 3. REPORT ON ACCESSIBILITY AND OUTREACH TO FEMALE VETERANS BY THE 
              SMALL BUSINESS ADMINISTRATION.

    Not later than 180 days after the date of enactment of this Act, 
the Administrator shall submit to Congress a report assessing the level 
of outreach to and consultation with female veterans regarding access 
to capital by women's business centers (as described in section 29 of 
the Small Business Act (15 U.S.C. 656)) and Veterans Business Outreach 
Centers (as referred to in section 32 of such Act (15 U.S.C. 657b)).

            Passed the House of Representatives July 13, 2015.

            Attest:

                                                                 Clerk.
114th CONGRESS

  1st Session

                               H. R. 2499

_______________________________________________________________________

                                 AN ACT

   To amend the Small Business Act to increase access to capital for 
  veteran entrepreneurs, to help create jobs, and for other purposes.
```