Federal Legislation Updates for Veteran-Owned Small Businesses

Understanding all the federal bills that support Veteran-Owned Small Businesses (VOSBs) is essential because it highlights the real opportunities and challenges Veterans face in the entrepreneurial world while ensuring their needs remain a priority in policymaking.

Proposed by Senator Ben Cardin, this legislation aims to establish a training program to enhance the ability of veteran small business owners to secure federal contracts. Eligible nonprofits with a history of providing educational and job training services to veterans would administer the program.

Introduced by Congresswoman Jen Kiggans and Congressman Frank Mrvan, this bipartisan bill seeks to increase the federal government's contracting goal for SDVOSBs from 3% to 5% per fiscal year, thereby expanding business opportunities for service-disabled veterans.

Introduced by Representatives Lori Chavez-DeRemer and Val Hoyle, this bipartisan legislation aims to improve federal contracting opportunities for women-owned small businesses within the U.S. Department of Veterans Affairs’ Vets First Contracting Program, promoting inclusivity and diversity among veteran entrepreneurs.

Reintroduced by Congressmen Brian Fitzpatrick, Andy Kim, and André Carson, this bipartisan bill proposes creating a program that allocates up to 3% of federal-aid highway and public transportation contracts to veteran-owned small businesses, facilitating their participation in infrastructure projects.