H. R. 1568
One Hundred Sixth Congress
of the
United States of America
AT THE FIRST SESSION
Begun and held at the City of Washington on Wednesday,
the sixth day of January, one thousand nine hundred and ninety-nine
An Act
To provide technical, financial, and procurement assistance to veteran owned small
businesses, 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 and
Small Business Development Act of 1999’’.
SEC. 2. TABLE OF CONTENTS.
The table of contents for this Act is as follows:
Sec. 1. Short title.
Sec. 2. Table of contents.
TITLE I—GENERAL PROVISIONS
Sec. 101. Findings.
Sec. 102. Purpose.
Sec. 103. Definitions.
TITLE II—VETERANS BUSINESS DEVELOPMENT
Sec. 201. Veterans business development in the Small Business Administration.
Sec. 202. National Veterans Business Development Corporation.
Sec. 203. Advisory Committee on Veterans Business Affairs.
TITLE III—TECHNICAL ASSISTANCE
Sec. 301. SCORE program.
Sec. 302. Entrepreneurial assistance.
Sec. 303. Business development and management assistance for military reservists’
small businesses.
TITLE IV—FINANCIAL ASSISTANCE
Sec. 401. General business loan program.
Sec. 402. Assistance to active duty military reservists.
Sec. 403. Microloan program.
Sec. 404. Defense Economic Transition Loan Program.
Sec. 405. State development company program.
TITLE V—PROCUREMENT ASSISTANCE
Sec. 501. Subcontracting.
Sec. 502. Participation in Federal procurement.
TITLE VI—REPORTS AND DATA COLLECTION
Sec. 601. Reporting requirements.
Sec. 602. Report on small business and competition.
Sec. 603. Annual report of the Administrator.
Sec. 604. Data and information collection.
TITLE VII—MISCELLANEOUS PROVISIONS
Sec. 701. Administrator’s order.
Sec. 702. Small Business Administration Office of Advocacy.
Sec. 703. Study of fixed-asset small business loans.
H. R. 1568—2
TITLE I—GENERAL PROVISIONS
SEC. 101. FINDINGS.
Congress finds the following:
(1) Veterans of the United States Armed Forces have been
and continue to be vital to the small business enterprises
of the United States.
(2) In serving the United States, veterans often faced great
risks to preserve the American dream of freedom and pros-
perity.
(3) The United States has done too little to assist veterans,
particularly service-disabled veterans, in playing a greater role
in the economy of the United States by forming and expanding
small business enterprises.
(4) Medical advances and new medical technologies have
made it possible for service-disabled veterans to play a much
more active role in the formation and expansion of small busi-
ness enterprises in the United States.
(5) The United States must provide additional assistance
and support to veterans to better equip them to form and
expand small business enterprises, thereby enabling them to
realize the American dream that they fought to protect.
SEC. 102. PURPOSE.
The purpose of this Act is to expand existing and establish
new assistance programs for veterans who own or operate small
businesses. This Act accomplishes this purpose by—
(1) expanding the eligibility for certain small business
assistance programs to include veterans;
(2) directing certain departments and agencies of the
United States to take actions that enhance small business
assistance to veterans; and
(3) establishing new institutions to provide small business
assistance to veterans or to support the institutions that provide
such assistance.
SEC. 103. DEFINITIONS.
(a) SMALL BUSINESS ACT.—Section 3 of the Small Business
Act (15 U.S.C. 632) is amended by adding at the end the following:
‘‘(q) DEFINITIONS RELATING
TO VETERANS.—In this Act, the
following definitions apply:
‘‘(1) SERVICE-DISABLED
VETERAN.—The term ‘service-dis-
abled veteran’ means a veteran with a disability that is service-
connected (as defined in section 101(16) of title 38, United
States Code).
‘‘(2) SMALL BUSINESS CONCERN OWNED AND CONTROLLED
BY SERVICE-DISABLED VETERANS.—The term ‘small business con-
cern owned and controlled by service-disabled veterans’ means
a small business concern—
‘‘(A) not less than 51 percent of which is owned by
one or more service-disabled veterans or, in the case of
any publicly owned business, not less than 51 percent
of the stock of which is owned by one or more service-
disabled veterans; and
‘‘(B) the management and daily business operations
of which are controlled by one or more service-disabled
veterans or, in the case of a veteran with permanent and