Investing in VETS Act

Hozzl · 2023-12-15T16:01:35Z

Explore the details of House Bill 5147 Investing in VETS Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

12/15/2023, 4:01 PM

Congressional Summary of HR 5147

Investing in Veteran Entrepreneurial Talents Act or the Investing in VETS Act

This bill raises from 3% to 5% the federal contracting participation goal for small businesses that are owned and controlled by service-disabled veterans.

Only small businesses owned and controlled by service-disabled veterans that have been certified by the Small Business Administration may be included in calculating goals related to small businesses owned and controlled by service-disabled veterans.

Current Status of Bill HR 5147

Bill HR 5147 is currently in the status of Bill Introduced since August 4, 2023. Bill HR 5147 was introduced during Congress 118 and was introduced to the House on August 4, 2023. Bill HR 5147's most recent activity was Referred to the House Committee on Small Business. as of August 4, 2023