S 4520
VA–SBA Act
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the VA–SBA Act, transfers responsibility for verifying veteran-owned and service-disabled veteran-owned small businesses from the Department of Veterans Affairs to the Small Business Administration. Specifically, the SBA will maintain the relevant database, certify business status, require periodic recertification, and penalize misrepresentation. The bill also abolishes the VA’s Center for Verification and Evaluation and transfers its functions to the SBA, along with associated funding. It includes provisions for transitioning self-certified businesses and establishing a process for reimbursing the SBA for verification costs.
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Primary sponsor
Kelly Loeffler
Cosponsors
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