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.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, 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., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors. The main policy domain is Defense, Veterans Affairs, Finance.
Who Benefits and How
defense agencies, service members, and defense contractors may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, defense agencies, service members, and defense contractors may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H1E3CF85CB15C40DBA9B74F73924A1D0A: 1. Short title This Act may be cited as the Investing in Veteran Entrepreneurial Talents Act or the Investing in VETS Act.
- Section H49A2C295D23E458C87318D97808A9911: 2. Increase in Governmentwide goal for participation in Federal contracts by small business concerns owned and controlled by service-disabled veterans Section...
- Section HB610160A93E14BEB86F618B4D6A94472: 3. Exclusion of self-certified SDVOSBs from Governmentwide and agency goals Section 15(g) of such Act (15 U.S.C. 644(g)) is amended by adding at the end the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, 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., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.
Key Policy Areas
Defense, Veterans Affairs, Finance
Primary Purpose
This bill, 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., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.
Policy Domains
Whole bill
Identified Gains
- defense agencies, service members, and defense contractors
Identified Costs
- federal implementing agencies
- defense agencies, service members, and defense contractors
Sponsors
Legislative Progress
IntroducedMrs. Kiggans of Virginia (for herself, Mr. Mrvan, Mr. Hunt, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology