HR 8873
Investing in VETS Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Investing in VETS Act, aims to increase opportunities for veteran-owned small businesses to receive federal contracts. It raises the federal government’s goal for contracting with these businesses from 3% to 5%. The bill also requires the Small Business Administration to certify these businesses and prohibits them from self-certifying, ensuring accurate verification of veteran ownership and disability status. The changes will take effect three years after the bill’s passage and apply to contracts awarded after that date.
Sponsors
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Primary sponsor
Trey Hollingsworth
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