To amend the Small Business Act to include surviving children in the definition of small business concern owned and controlled by service-disabled veterans, and for other purposes.
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 6
- Latest action
- May 5, 2025
What it does
HR.3195 would amend the Small Business Act to allow a small business concern previously owned and controlled by a service-disabled veteran to retain its status as such if the veteran’s surviving child inherits the ownership interest, provided the business was in the federal database before the veteran’s death and the child maintains ownership for up to three years after the veteran’s death. The bill defines “surviving child” as a biological or legally adopted child of the veteran. This change aims to preserve eligibility for veteran-owned small business programs following the death of a service-disabled veteran owner. The bill affects surviving children of service-disabled veterans who…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.