FAIR Vets Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6648 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 6648

 To amend the Small Business Act to adjust sole-source thresholds for 
 service-disabled veteran-owned small business concerns, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           December 11, 2025

   Mrs. Kiggans of Virginia (for herself, Mr. Neguse, and Mr. Bacon) 
 introduced the following bill; which was referred to the Committee on 
                             Small Business

_______________________________________________________________________

                                 A BILL


 
 To amend the Small Business Act to adjust sole-source thresholds for 
 service-disabled veteran-owned small business concerns, 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 ``Federal Acquisition Improvement and 
Reform Vets Act'' or the ``FAIR Vets Act''.

SEC. 2. MODERNIZATION OF SOLE-SOURCE THRESHOLDS FOR SERVICE-DISABLED 
              VETERAN-OWNED SMALL BUSINESS CONCERNS.

    (a) Amendments.--Section 36 of the Small Business Act (15 U.S.C. 
657f) is amended--
            (1) in subsection (c)(2), by striking ``(including 
        options)'';
            (2) in subsection (c)(2)(A), by striking ``$7,000,000'' and 
        inserting ``$10,000,000''; and
            (3) in subsection (c)(2)(B), by striking ``$3,000,000'' and 
        inserting ``$8,000,000''.
    (b) Implementation.--Not later than 180 days after the date of 
enactment of this Act, the Federal Acquisition Regulatory Council shall 
amend the Federal Acquisition Regulation (including FAR 19.1406) and 
the Secretary of Defense shall amend the Defense Federal Acquisition 
Regulation Supplement to implement the amendments made by subsection 
(a).
    (c) Application.--The amendments made by this section shall apply 
to solicitations issued on or after the date that is 180 days after the 
date of enactment of this Act.
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