Heroes Business Opportunity Act of 2023

Hozzl · 2023-12-15T16:09:36Z

Explore the details of Senate Bill 3302 Heroes Business Opportunity Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

12/15/2023, 4:09 PM

Summary of Bill S 3302

Bill 118 s 3302, also known as the Heroes Business Opportunity Act of 2023, is a piece of legislation introduced in the US Congress. The main goal of this bill is to provide opportunities for veterans and military spouses to start and grow their own businesses.

The bill includes provisions that would establish a grant program to provide funding for veteran-owned and military spouse-owned businesses. This funding would be used to help these entrepreneurs access resources, training, and support to help them succeed in the business world.

Additionally, the bill aims to increase access to federal contracting opportunities for veteran-owned and military spouse-owned businesses. This would be achieved by setting aside a certain percentage of federal contracts specifically for these businesses, giving them a competitive edge in the procurement process. Overall, the Heroes Business Opportunity Act of 2023 seeks to support and empower veterans and military spouses in their entrepreneurial endeavors, ultimately helping them achieve success and contribute to the economy.

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Current Status of Bill S 3302

Bill S 3302 is currently in the status of Bill Introduced since November 14, 2023. Bill S 3302 was introduced during Congress 118 and was introduced to the Senate on November 14, 2023. Bill S 3302's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of November 14, 2023