A bill to amend the Small Business Act to establish a goal for participation by small business concerns owned and controlled by veterans in procurement contracts, and for other purposes.
Summary
This bill would amend the Small Business Act to set a specific goal for the percentage of federal procurement contracts that should be awarded to small business concerns owned and controlled by veterans. The legislation aims to increase opportunities for veteran-owned small businesses to compete for and win government contracts.
If enacted, this bill could help veteran entrepreneurs access more federal contracting opportunities, potentially supporting job creation and economic growth within veteran-owned business communities. The bill is currently in the early stages of the legislative process, having been introduced in the Senate in March 2026 and referred to committee for consideration.
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