Investing in VETS Act

Hozzl · 2024-03-12T17:09:47Z

Explore the details of Senate Bill 2146 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.

3/12/2024, 5:09 PM

Summary of Bill S 2146

The Investing in VETS Act, also known as Bill 118 s 2146, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to provide additional support and resources for veterans who are transitioning back into civilian life after serving in the military.

One key aspect of the Investing in VETS Act is the establishment of a grant program that would provide funding to organizations that offer job training, education, and other services to veterans. These grants would help these organizations expand their programs and reach more veterans in need of assistance.

Additionally, the bill aims to improve coordination between the Department of Veterans Affairs and other federal agencies to ensure that veterans are able to access the benefits and services they are entitled to. This includes streamlining the process for veterans to receive healthcare, education, and other benefits. Overall, the Investing in VETS Act is focused on supporting veterans as they transition back into civilian life and ensuring that they have the resources they need to succeed. It is a bipartisan effort to address the challenges that many veterans face after leaving the military and to honor their service to our country.

Congressional Summary of S 2146

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.

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Current Status of Bill S 2146

Bill S 2146 is currently in the status of Bill Introduced since June 22, 2023. Bill S 2146 was introduced during Congress 118 and was introduced to the Senate on June 22, 2023. Bill S 2146's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of June 22, 2023

Bipartisan Support of Bill S 2146

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 2146

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 2146

Investing in VETS Act

Investing in Veteran Entrepreneurial Talents Act

A bill to amend the Small Business Act to increase the Governmentwide goal for participation in Federal contracts by small business concerns owned and controlled by service-disabled veterans.