IIB 
116TH CONGRESS 
1ST SESSION H. R. 3734 
IN THE SENATE OF THE UNITED STATES 
NOVEMBER 14, 2019 
Received; read twice and referred to the Committee on Small Business and 
Entrepreneurship 
AN ACT 
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. 
VerDate Sep 11 2014 
21:02 Nov 14, 2019
Jkt 099200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6652
E:\BILLS\H3734.RFS
H3734
pamtmann on DSKBC07HB2PROD with BILLS
HR 3734 RFS
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Successful Entrepre-
neurship for Reservists and Veterans Act’’ or the ‘‘SERV 
Act’’. 
SEC. 2. REPORTING REQUIREMENT FOR VETERANS INTER-
AGENCY TASK FORCE. 
Section 32(c) of the Small Business Act (15 U.S.C. 
657b(c)) is amended by adding at the end the following: 
‘‘(4) REPORT.—Along with the budget justifica-
tion documents for the Small Business Administra-
tion submitted to Congress in connection with the 
budget for a fiscal year submitted under 1105 of 
title 31, United States Code, the Administrator shall 
submit a report— 
‘‘(A) discussing the appointments made to 
and activities of the task force; and 
‘‘(B) identifying and outlining a plan for 
outreach and promotion of the programs and 
services for veterans, including Veteran Busi-
ness Outreach Centers, Boots to Business, 
Boots to Business Reboot, Service-Disabled En-
trepreneurship Development Training Program, 
Veteran Institute for Procurement, Women Vet-
VerDate Sep 11 2014 
21:02 Nov 14, 2019
Jkt 099200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H3734.RFS
H3734
pamtmann on DSKBC07HB2PROD with BILLS
HR 3734 RFS
eran Entrepreneurship Training Program, and 
Veteran Women Igniting the Spirit of Entrepre-
neurship.’’. 
SEC. 3. GAO REPORT ON ACCESS TO CREDIT. 
(a) REPORT ON ACCESS TO CREDIT.— 
(1) IN GENERAL.—Not later than 1 year after 
the date of the enactment of this Act, the Comp-
troller General of the United States shall submit a 
report on the ability of small business concerns 
owned and controlled by covered individuals to ac-
cess credit to— 
(A) the Committee on Veterans’ Affairs 
and the Committee on Small Business and En-
trepreneurship of the Senate; and 
(B) the Committee on Veterans’ Affairs 
and the Committee on Small Business of the 
House of Representatives. 
(2) CONTENTS.—The report submitted under 
paragraph (1) shall include, to the extent prac-
ticable, an analysis of— 
(A) the sources of credit used by small 
business concerns owned and controlled by cov-
ered individuals and the average percentage of 
the credit obtained from each source by such 
concerns; 
VerDate Sep 11 2014 
21:02 Nov 14, 2019
Jkt 099200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H3734.RFS
H3734
pamtmann on DSKBC07HB2PROD with BILLS
HR 3734 RFS
(B) the default rate for small business con-
cerns owned and controlled by covered individ-
uals, disaggregated by each source of credit de-
scribed in subparagraph (A), as compared to 
the default rate for the source of credit for 
small business concerns generally; 
(C) the Federal lending programs available 
to provide credit to small business concerns 
owned and controlled by covered individuals; 
(D) gaps, if any, in the availability of cred-
it for small business concerns owned and con-
trolled by covered individuals that are not being 
filled by the Federal Government or private 
sources; 
(E) obstacles faced by covered individuals 
in trying to access credit; 
(F) the extent to which deployment and 
other military responsibilities affect the credit 
history of veterans and Reservists; and 
(G) the extent to which covered individuals 
are aware of Federal programs targeted to-
wards helping covered individuals access credit. 
(b) DEFINITIONS.—In this Act: 
(1) COVERED INDIVIDUAL.—The term ‘‘covered 
individual’’ means— 
VerDate Sep 11 2014 
21:02 Nov 14, 2019
Jkt 099200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H3734.RFS
H3734
pamtmann on DSKBC07HB2PROD with BILLS
HR 3734 RFS
(A) a veteran; 
(B) a service-disabled veteran; 
(C) a Reservist; 
(D) the spouse of an individual described 
in subparagraph (A), (B), or (C); or 
(E) the spouse of a member of the Armed 
Forces. 
(2) RESERVIST.—The term ‘‘Reservist’’ means 
a member of a reserve component of the Armed 
Forces, as described in section 10101 of title 10, 
United States Code. 
(3) SMALL BUSINESS ACT DEFINITIONS.—The 
terms ‘‘service-disabled veteran’’, ‘‘small business 
concern’’, and ‘‘veteran’’ have the meanings given 
those terms, respectively, under section 3 of the 
Small Business Act (15 U.S.C. 632). 
Passed the House of Representatives November 13, 
2019. 
Attest: 
CHERYL L. JOHNSON, 
Clerk. 
VerDate Sep 11 2014 
21:02 Nov 14, 2019
Jkt 099200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H3734.RFS
H3734
pamtmann on DSKBC07HB2PROD with BILLS