Investing in VETS Act

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5953 Introduced in House (IH)]

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117th CONGRESS
  1st Session
                                H. R. 5953

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.


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                    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

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                                 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.

    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 ``Investing in Veteran Entrepreneurial 
Talents Act'' or the ``Investing in VETS Act''.

SEC. 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''.
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