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Ranking Member Chabot Praises Passage of Bipartisan, Veteran-Focused Small Business Legislation

WASHINGTON – Today, the U.S. House of Representatives adopted five bipartisan bills reported out of the Small Business Committee.

Following passage of this legislation, House Committee on Small Business Ranking Member Steve Chabot (R-OH) said, “On the Committee, we’ve heard firsthand the opportunities that entrepreneurship provides to veterans and their spouses.  These bills strengthen and expand access to resources our nation’s heroes can use to start and grow their businesses.  I thank Chairwoman Velázquez and my colleagues on both sides of the aisle for their leadership in passing this legislation.”

H.R. 499, the Service-Disabled Veterans Small Business Continuation Act – introduced by Rep. Steve Chabot (R-OH), Rep. Jack Bergman (D-MI), Rep. Antonio Delgado (D-NY), and Rep. Luis Correa (D-CA)

H.R. 499 amends the Small Business Act to clarify that surviving spouses of veterans who died with less than a 100 percent disability rating can maintain their Service-Disabled Veteran-Owned Small Business status for up to three years or until one of the following instances occurs:  when the spouse remarries or when the surviving spouse relinquishes ownership of the small business.

H.R. 1615, the Verification Alignment and Service-disabled Business Adjustment Act – introduced by Rep. Trent Kelly (R-MS) and Rep. Jason Crow (D-CO)

H.R. 1615 transfers responsibility for certification of Service-Disabled Veteran-Owned Small Businesses from the Department of Veterans Affairs to the Small Business Administration (SBA).

H.R. 3734, the Successful Entrepreneurship for Reservists and Veterans Act – introduced by Rep. Sharice Davids (D-KS) and Rep. Steve Chabot (R-OH)

H.R. 3734 requires the Administrator of the SBA to include a plan for outreach and promotion of the SBA programs and services for veterans in the Annual Performance Report.

H.R. 3661, the Patriotic Employer Protection Act – introduced by Rep. Andy Kim (D-NJ) and Rep. Tim Burchett (R-TN)

H.R. 3661 expands the definition of “active duty” with regard to Military Reservists Economic Injury disaster loans to “active service,” which is defined as service members on active duty and service members who are full-time in the National Guard.

H.R. 3537, the Veteran Entrepreneurship Training Act of 2019 – introduced by Rep. Bradley Schneider (D-IL) and Rep. Ross Spano (R-FL)

H.R. 3537 authorizes the SBA’s Boots for Business program for five years.  The program helps transitioning service members to launch and grow small businesses.

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