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Service-Disabled Veteran Opportunities in Small Business Act
2/28/2025, 8:23 AM
Summary of Bill HR 865
The main focus of the bill is to provide training to federal agencies and contracting officers on how to increase contract awards to small businesses owned and controlled by service-disabled veterans. This training is intended to help these businesses compete more effectively for government contracts and increase their opportunities for growth and success.
In addition to the training requirements, the bill also includes provisions for reporting and monitoring the progress of federal agencies in awarding contracts to service-disabled veteran-owned small businesses. This will help ensure that these businesses are given fair and equal opportunities to compete for government contracts. Overall, Bill 119 hr 865 is aimed at supporting and promoting small businesses owned by service-disabled veterans by providing them with the tools and resources they need to succeed in the federal contracting marketplace. By increasing contract awards to these businesses, the bill seeks to help them grow and thrive, ultimately benefiting both the businesses themselves and the broader economy.
Congressional Summary of HR 865
Service-Disabled Veteran Opportunities in Small Business Act
This bill requires the Small Business Administration (SBA) to provide employees at any federal agency that has not met the goal of awarding at least 3% of its prime contracts and subcontracts to small businesses owned by service-disabled veterans with training to increase the number of such contracts awarded.
For each fiscal year, the SBA must report a list of each agency that did not meet the contracting goal and the number of trainings the SBA provided.
Read the Full Bill
Current Status of Bill HR 865
Bipartisan Support of Bill HR 865
Total Number of Sponsors
2Democrat Sponsors
0Republican Sponsors
2Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 865
Primary Policy Focus
Alternate Title(s) of Bill HR 865
Comments
Wrenlee Singleton
1 year ago
I think this bill is a great step in the right direction for supporting our service-disabled veterans who own small businesses. They have sacrificed so much for our country, and it's important that we give them the opportunities they deserve to succeed in the business world. I believe that providing training on increasing contract awards to these businesses is crucial in helping them thrive and grow. It's the least we can do to show our appreciation for their service. Overall, I fully support this bill and hope to see it make a positive impact on the lives of our service-disabled veteran entrepreneurs. #SupportOurVeterans #SmallBusinessSuccess 🇺🇸
