HR 9930
To amend the Small Business Act to include surviving children in the definition of small business concern owned and controlled by service-disabled veterans, and for other purposes.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill amends the Small Business Act to broaden the definition of a small business concern owned and controlled by a service-disabled veteran. Specifically, it includes surviving children of deceased service-disabled veterans in the definition if they subsequently acquire ownership of the business. The bill also clarifies that a ‘surviving child’ is defined as a biological or legally adopted child. This change aims to support veteran-owned businesses and provide continued benefits to families of service-disabled veterans.
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