HR 5147 United States House · 118th Congress

Investing in VETS Act

HR 5147, the Investing in VETS Act, increases the federal government's goal for contracting with service-disabled veteran-owned small businesses from 3% to 5% of total federal contract dollars. It directly affects federal agencies, which must now aim for this higher 5% target, and service-disabled veteran-owned businesses that seek to qualify for these contracts. The bill adds a key provision requiring only businesses officially certified under Section 36 (not self-certified claims) to count toward the 5% goal and agency-specific targets. This change ensures the goal applies only to businesses with verified certification, improving accountability in the program.
Bill status in committee 1 of 4 stages cleared
Introduction
Aug 2023
Committee Review
Floor Vote
President
Introduced Aug 4, 2023 Last action Aug 4, 2023
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Total actions
2
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Committee
1
Aug 4, 2023
Committee
Referred to the House Committee on Small Business.
lower
Aug 4, 2023
Introduced
Introduced in House
lower
1 primary · 8 co-sponsors

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