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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Veterans Small Business Ownership Improvements Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to improve the programs for veterans of the Small Business Administration, and for other purposes.

Actions Overview (1)

Date Actions Overview
06/26/2019Introduced in Senate

All Actions (1)

Date All Actions
06/26/2019Read twice and referred to the Committee on Small Business and Entrepreneurship.
Action By: Senate

Cosponsors (1)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Kaine, Tim [D-VA]* 06/26/2019

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Small Business and Entrepreneurship06/26/2019 Referred to

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Latest Summary (1)

There is one summary for S.1998. View summaries

Shown Here:
Introduced in Senate (06/26/2019)

Veterans Small Business Ownership Improvements Act

This bill establishes new veteran entrepreneurial development programs within the Small Business Administration (SBA) and makes adjustments to existing programs to provide access for veterans.

Specifically, the bill authorizes the SBA to make grants to private nonprofit organizations to establish veteran's business outreach centers. Each center must provide individual counseling to small businesses, as well as training and counseling through online and in-person workshops and seminars.

The bill also provides statutory authority for the Boots to Business Program, which provides entrepreneurship training to individuals including veterans and active members of the Armed Forces. The SBA must designate an individual in each district office as a veterans business development officer, who shall coordinate activities of the district office with entities receiving assistance under the program. The SBA must also establish an online tool to coordinate and aid the work of veterans' small business assistance providers.

Finally, the SBA must develop the existing network of peer-to-peer counseling and mentoring resources that are available to veteran-owned small businesses as components of SBA programs. The SBA must also establish an online resource for veterans regarding all of the entrepreneurial development programs of the SBA.

The Government Accountability Office shall report on the ability of veteran-owned small businesses to access credit, including an analysis of the sources of credit and the default rate for such businesses.