- Stage
- In committee
- Started in
- House
- Sponsors
- 8
- Latest action
- Dec 11, 2025
What it does
The FAIR Vets Act would amend the Small Business Act to increase the sole-source contract thresholds for service-disabled veteran-owned small businesses, raising the limit from $7 million to $10 million for certain contracts and from $3 million to $8 million for others. It requires the Federal Acquisition Regulatory Council and the Secretary of Defense to update federal acquisition regulations within 180 days of enactment to reflect these changes. The updated thresholds would apply to solicitations issued 180 days or more after the bill becomes law. The bill aims to expand contracting opportunities for service-disabled veteran-owned small businesses by allowing them to compete for larger…
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.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.