Summary: H.R.4991 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.4991. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (11/08/2019)

Post-9/11 Veteran Business Acceleration Act

This bill requires the Department of Veterans Affairs to collaborate with the Small Business Administration to implement a pilot program to provide financial assistance (in lieu of educational assistance) to eligible individuals under the Post-9/11 Educational Assistance Program for the purpose of (1) establishing and operating a new qualified business enterprise, or (2) operating an existing qualified business enterprise. Eligible individuals are those who (1) are entitled to 36 months of educational assistance under the Post-9/11 Educational Assistance Program, (2) are not in bankruptcy proceedings at the time of application, and (3) meet credit score requirements.