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Investing in VETS Act

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

Bipartisan Support of Bill HR 5147

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5147

Primary Policy Focus

Commerce

Comments

Sponsors and Cosponsors of HR 5147

Jennifer A. Kiggans
Jennifer A. Kiggans
VirginiaRepublican
Mikie Sherrill
Mikie Sherrill
New JerseyDemocrat

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