H.R. 561: Protecting Business Opportunities for Veterans Act of 2019

CBO Score

$0

Date of Report

Fri October 25th, 2019

Legislation Details

116th Congress

To amend title 38, United States Code, to improve the oversight of contracts awarded by the Secretary of Veterans Affairs to small business concerns owned and controlled by veterans, and for other purposes.

Sponsor: Rep. Jack Bergman — R — MI

Requires that businesses awarded contracts for small businesses owned by veterans, including those who are disabled, spend no more than half of the value of the contracts on subcontractors and purchases from other businesses. That requirement would codify VA’s current practices for awarding set-aside contracts. Thus, CBO expects that the requirement would not affect the federal budget. The bill also would require such businesses to certify to VA that they will comply with the subcontracting limitation. Finally, the bill would require VA to develop processes to monitor that compliance, and to report to the Congress each year until 2024 on the number of businesses that fail to comply.

View the full vote history of this bill on GovTrack.us.

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