Bill would require new reporting on veteran small business programs
Passed one chamberH.R. 828Latest action
Sponsor: Sharice Davids · Representative · KS
AIDecoded by AI · checked against the recordRead the official text
Official title: SERV Act
119th Congress
Topics: Jobs & the economy
Introduced:
Read the official bill on Congress.govIn plain words
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The SERV Act requires SBA and reports on veteran-owned small business programs and credit access, without new funding.
35-second read · 4 questions answered below
What does this do?
The SERV Act requires the SBA to submit annual reports to Congress on its veterans interagency task force and its plans to promote existing veteran business programs. It also directs the to study credit and loan access for veteran- and reservist-owned small businesses and report findings within a year.
Who does it affect?
Veterans, military reservists, and their spouses who own or want to start small businesses; the SBA and , which take on new reporting duties.
Why does it matter?
The added reporting and study would give lawmakers more information to assess whether current veteran business programs and credit options are working and where gaps remain.
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Where does it stand?
- IntroducedJan 28, 2025
- House committee
- House vote
- SenateYou are here · Feb 25, 2025
- The president's desk
Right now: it passed the House, and the official record shows nothing new since. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.