IB 

Union Calendar No. 185 

116TH CONGRESS 

1ST SESSION H. R. 3734 

[Report No. 116–233] 

To require the Comptroller General of the United States to report on access 

to credit for small business concerns owned and controlled by covered 

individuals, to require the Administrator of the Small Business Administration to report on the veterans interagency task force, and for other 

purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JULY 12, 2019 

Ms. DAVIDS of Kansas (for herself and Mr. CHABOT) introduced the following 

bill; which was referred to the Committee on Small Business 

OCTOBER 15, 2019 

Additional sponsors: Mr. BALDERSON, Mr. FITZPATRICK, Ms. UNDERWOOD, 

Mr. GOLDEN, and Mr. COSTA

OCTOBER 15, 2019 

Committed to the Committee of the Whole House on the State of the Union 

and ordered to be printed 


pamtmann on DSKBC07HB2PROD with BILLS
2 

•HR 3734 RH

A BILL 

To require the Comptroller General of the United States 

to report on access to credit for small business concerns 

owned and controlled by covered individuals, to require 

the Administrator of the Small Business Administration 

to report on the veterans interagency task force, and 

for other purposes. 


pamtmann on DSKBC07HB2PROD with BILLS
3 

•HR 3734 RH

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Successful Entrepre5 neurship for Reservists and Veterans Act’’ or the ‘‘SERV 

6 Act’’. 

7 SEC. 2. REPORTING REQUIREMENT FOR VETERANS INTER8 AGENCY TASK FORCE. 

9 Section 32(c) of the Small Business Act (15 U.S.C. 

10 657b(c)) is amended by adding at the end the following: 

11 ‘‘(4) REPORT.—Along with the budget justifica12 tion documents for the Small Business Administra13 tion submitted to Congress in connection with the 

14 budget for a fiscal year submitted under 1105 of 

15 title 31, United States Code, the Administrator shall 

16 submit a report— 

17 ‘‘(A) discussing the appointments made to 

18 and activities of the task force; and 

19 ‘‘(B) identifying and outlining a plan for 

20 outreach and promotion of the programs and 

21 services for veterans, including Veteran Busi22 ness Outreach Centers, Boots to Business, 

23 Boots to Business Reboot, Service-Disabled En24 trepreneurship Development Training Program, 

25 Veteran Institute for Procurement, Women VetVerDate Sep 11 2014 00:50 Oct 16, 2019 Jkt 099200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H3734.RH H3734

pamtmann on DSKBC07HB2PROD with BILLS
4 

•HR 3734 RH

1 eran Entrepreneurship Training Program, and 

2 Veteran Women Igniting the Spirit of Entrepre3 neurship.’’. 

4 SEC. 3. GAO REPORT ON ACCESS TO CREDIT. 

5 (a) REPORT ON ACCESS TO CREDIT.— 

6 (1) IN GENERAL.—Not later than 1 year after 

7 the date of the enactment of this Act, the Comp8 troller General of the United States shall submit a 

9 report on the ability of small business concerns 

10 owned and controlled by covered individuals to ac11 cess credit to— 

12 (A) the Committee on Veterans’ Affairs 

13 and the Committee on Small Business and En14 trepreneurship of the Senate; and 

15 (B) the Committee on Veterans’ Affairs 

16 and the Committee on Small Business of the 

17 House of Representatives. 

18 (2) CONTENTS.—The report submitted under 

19 paragraph (1) shall include an analysis of— 

20 (A) the sources of credit used by small 

21 business concerns owned and controlled by cov22 ered individuals and the average percentage of 

23 the credit obtained from each source by such 

24 concerns; 


pamtmann on DSKBC07HB2PROD with BILLS
5 

•HR 3734 RH

1 (B) the default rate for small business con2 cerns owned and controlled by covered individ3 uals, disaggregated by each source of credit de4 scribed in subparagraph (A), as compared to 

5 the default rate for the source of credit for 

6 small business concerns generally; 

7 (C) the Federal lending programs available 

8 to provide credit to small business concerns 

9 owned and controlled by covered individuals; 

10 (D) gaps, if any, in the availability of cred11 it for small business concerns owned and con12 trolled by covered individuals that are not being 

13 filled by the Federal Government or private 

14 sources; 

15 (E) obstacles faced by covered individuals 

16 in trying to access credit; 

17 (F) the extent to which deployment and 

18 other military responsibilities affect the credit 

19 history of veterans and Reservists; and 

20 (G) the extent to which covered individuals 

21 are aware of Federal programs targeted to22 wards helping covered individuals access credit. 

23 (b) DEFINITIONS.—In this Act: 

24 (1) COVERED INDIVIDUAL.—The term ‘‘covered 

25 individual’’ means— 


pamtmann on DSKBC07HB2PROD with BILLS
6 

•HR 3734 RH

1 (A) a veteran; 

2 (B) a service-disabled veteran; 

3 (C) a Reservist; 

4 (D) the spouse of an individual described 

5 in subparagraph (A), (B), or (C); or 

6 (E) the spouse of a member of the Armed 

7 Forces. 

8 (2) RESERVIST.—The term ‘‘Reservist’’ means 

9 a member of a reserve component of the Armed 

10 Forces, as described in section 10101 of title 10, 

11 United States Code. 

12 (3) SMALL BUSINESS ACT DEFINITIONS.—The 

13 terms ‘‘service-disabled veteran’’, ‘‘small business 

14 concern’’, and ‘‘veteran’’ have the meanings given 

15 those terms, respectively, under section 3 of the 

16 Small Business Act (15 U.S.C. 632). 


pamtmann on DSKBC07HB2PROD with BILLS

pamtmann on DSKBC07HB2PROD with BILLS
Union Calendar No. 185 

116TH CONGRESS 

1ST SESSION H. R. 3734 

[Report No. 116–233] 

A BILL 

To require the Comptroller General of the United 

purposes. the veterans interagency task force, and for other the Small Business Administration to report on ered individuals, to require the Administrator of business concerns owned and controlled by covStates to report on access to credit for small 

OCTOBER 15, 2019 

Committed to the Committee of the Whole House on the 

State of the Union and ordered to be printed 


pamtmann on DSKBC07HB2PROD with BILLS