SERV Act

Bill 119 hr 828, also known as the "Veterans Small Business Credit Access Act," aims to address the challenges faced by small business concerns owned and controlled by covered individuals, particularly veterans. The bill requires the Administrator of the Small Business Administration to report on the veterans interagency task force, which is responsible for coordinating efforts to support veteran-owned small businesses.

Additionally, the bill mandates that the Comptroller General of the United States conduct a report on access to credit for small business concerns owned and controlled by covered individuals. This report will provide valuable insights into the barriers these businesses face when trying to secure financing, and will help identify potential solutions to improve access to credit for veteran-owned small businesses.

Overall, Bill 119 hr 828 seeks to support and empower small business concerns owned and controlled by covered individuals, particularly veterans, by addressing the challenges they face in accessing credit. By requiring reports on the veterans interagency task force and access to credit, this bill aims to promote the success and growth of veteran-owned small businesses in the United States.