To amend the Small Business Act to increase the Governmentwide goal for participation in Federal contracts by small business concerns owned and controlled by service-disabled veterans.
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 the Governmentwide goal for participation in Federal contracts by small business concerns owned and controlled by service-disabled veterans., 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 H94220624B8964B73B12C1195639C4621: 1. Short title This Act may be cited as the Investing in Veteran Entrepreneurial Talents Act or the Investing in VETS Act.
- Section HF4462C0FD4534544942ADC38C2AF673C: 2. Increase in Governmentwide goal for participation in Federal contracts by small business concerns owned and controlled by service-disabled veterans Section...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
This bill, To amend the Small Business Act to increase the Governmentwide goal for participation in Federal contracts by small business concerns owned and controlled by service-disabled veterans., 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 the Governmentwide goal for participation in Federal contracts by small business concerns owned and controlled by service-disabled veterans., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.
Policy Domains
Whole bill
Identified Gains
Contextual inference, no direct clause citation- defense agencies, service members, and defense contractors
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- federal implementing agencies
- defense agencies, service members, and defense contractors
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
IntroducedMr. Ossoff introduced the following bill; which was read twice …
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