Investing in VETS Act

Bill: 117-hr-5953
Sponsor: full_name: Rep. Hollingsworth, Trey [R-IN-9]
Introduced: 2021-11-12
Policy area: Commerce
Latest action: action_date: 2021-11-12
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2021-11-12
action_desc: Introduced in House
text: <p><b>Investing in Veteran Entrepreneurial Talents Act or the Investing in VETS Act</b></p> <p>This bill raises from 3% to 5% the federal contracting participation goal for small businesses that are owned and controlled by service-disabled veterans.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 5953 IN THE HOUSE OF REPRESENTATIVES November 12, 2021 Mr. Hollingsworth (for himself and Mr. Mrvan ) introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act to increase in Governmentwide goal for participation in Federal contracts by small business concerns owned and controlled by service-disabled veterans.

1. Short title This Act may be cited as the Investing in Veteran Entrepreneurial Talents Act or the Investing in VETS Act . 2. Increase in Governmentwide goal for participation in Federal contracts by small business concerns owned and controlled by service-disabled veterans Section 15(g)(1)(A)(ii) of the Small Business Act is amended by striking 3 percent and inserting 5 percent .