Investing in VETS Act

Bill: 118-s-2146
Sponsor: full_name: Sen. Ossoff, Jon [D-GA]
Introduced: 2023-06-22
Policy area: Commerce
Latest action: action_date: 2023-06-22
text: Read twice and referred to the Committee on Small Business and Entrepreneurship.

Summaries:
action_date: 2023-06-22
action_desc: Introduced in Senate
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: II 118th CONGRESS 1st Session S. 2146 IN THE SENATE OF THE UNITED STATES June 22, 2023 Mr. Ossoff introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship A BILL To amend the Small Business Act to increase the 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 ( 15 U.S.C. 644(g)(1)(A)(ii) ) is amended by striking 3 percent and inserting 5 percent .