118th Congress · HOUSE BILLBILL

H.R. 5147 — Investing in VETS Act

“To amend the Small Business Act to increase certain goal for participation in Federal contracts by small business concerns owned and controlled by service-disabled veterans, to exclude such self-certified concerns from governmentwide and Federal agency goals, and for other purposes.”

Commerce

Introduced Aug 4, 2023

Last action Aug 4, 2023

Pipeline · Bill → Law

Step 1

Introduced

Aug 4, 2023

Step 2

Referred

Aug 4, 2023

Small Business

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

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.

Provisions · 3 sectionsIntroduced in House

Timeline · 2 actions

Aug 4, 2023

Introduced in House

Aug 4, 2023

Referred to the House Committee on Small Business.