Service-Disabled Veteran Opportunities in Small Business Act

Hozzl · 2025-02-28T08:23:20Z

Explore the details of House Bill 865 Service-Disabled Veteran Opportunities in Small Business Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

2/28/2025, 8:23 AM

Summary of Bill HR 865

Bill 119 hr 865, also known as the "Service-Disabled Veteran-Owned Small Business Concerns Training Act," aims to amend the Small Business Act to require training on increasing contract awards to small business concerns owned and controlled by service-disabled veterans. The bill also includes provisions for other purposes related to supporting and promoting small businesses owned by service-disabled veterans.

The main focus of the bill is to provide training to federal agencies and contracting officers on how to increase contract awards to small businesses owned and controlled by service-disabled veterans. This training is intended to help these businesses compete more effectively for government contracts and increase their opportunities for growth and success.

In addition to the training requirements, the bill also includes provisions for reporting and monitoring the progress of federal agencies in awarding contracts to service-disabled veteran-owned small businesses. This will help ensure that these businesses are given fair and equal opportunities to compete for government contracts. Overall, Bill 119 hr 865 is aimed at supporting and promoting small businesses owned by service-disabled veterans by providing them with the tools and resources they need to succeed in the federal contracting marketplace. By increasing contract awards to these businesses, the bill seeks to help them grow and thrive, ultimately benefiting both the businesses themselves and the broader economy.

Congressional Summary of HR 865

Service-Disabled Veteran Opportunities in Small Business Act

This bill requires the Small Business Administration (SBA) to provide employees at any federal agency that has not met the goal of awarding at least 3% of its prime contracts and subcontracts to small businesses owned by service-disabled veterans with training to increase the number of such contracts awarded.

For each fiscal year, the SBA must report a list of each agency that did not meet the contracting goal and the number of trainings the SBA provided.

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Current Status of Bill HR 865

Bill HR 865 is currently in the status of Bill Introduced since January 31, 2025. Bill HR 865 was introduced during Congress 119 and was introduced to the House on January 31, 2025. Bill HR 865's most recent activity was Referred to the House Committee on Small Business. as of January 31, 2025

Bipartisan Support of Bill HR 865

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 865

Primary Policy Focus

Alternate Title(s) of Bill HR 865

To amend the Small Business Act to require training on increasing contract awards to small business concerns owned and controlled by service-disabled veterans, and for other purposes.