SERV Act

Hozzl · 2025-03-01T04:53:25Z

Explore the details of House Bill 828 SERV Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

3/1/2025, 4:53 AM

Summary of Bill HR 828

Bill 119 hr 828, also known as the "Veterans Small Business Credit Access Act," aims to address the challenges faced by small business concerns owned and controlled by covered individuals, particularly veterans. The bill requires the Administrator of the Small Business Administration to report on the veterans interagency task force, which is responsible for coordinating efforts to support veteran-owned small businesses.

Additionally, the bill mandates that the Comptroller General of the United States conduct a report on access to credit for small business concerns owned and controlled by covered individuals. This report will provide valuable insights into the barriers these businesses face when trying to secure financing, and will help identify potential solutions to improve access to credit for veteran-owned small businesses.

Overall, Bill 119 hr 828 seeks to support and empower small business concerns owned and controlled by covered individuals, particularly veterans, by addressing the challenges they face in accessing credit. By requiring reports on the veterans interagency task force and access to credit, this bill aims to promote the success and growth of veteran-owned small businesses in the United States.

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Current Status of Bill HR 828

Bill HR 828 is currently in the status of Introduced to Senate since February 25, 2025. Bill HR 828 was introduced during Congress 119 and was introduced to the House on January 28, 2025. Bill HR 828's most recent activity was Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. as of February 25, 2025

Bipartisan Support of Bill HR 828

Total Number of Sponsors

Democrat Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 828

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 828

To require the Administrator of the Small Business Administration to report on the veterans interagency task force, to require the Comptroller General of the United States to report on access to credit for small business concerns owned and controlled by covered individuals, and for other purposes.