HR 903 · 118th Congress 2023โ€“2025, ended

Veterans Entrepreneurship Act of 2023

Latest action · Feb 9, 2023 Referred to the House Committee on Small Business.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedFeb 9, 2023
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Veterans Entrepreneurship Act of 2023

This bill requires the Small Business Administration to carry out a pilot program assessing the feasibility and advisability of making grants to eligible veterans to start or acquire a small business concern, a franchise business enterprise, or any other appropriate category of business enterprise. Eligible veterans are those veterans or members of the Armed Forces who (1) are currently retiring or separating from the Armed Forces or have been honorably discharged from active duty, (2) have completed a specified minimum period of active duty, and (3) are entitled to certain educational assistance programs.

Grant recipients must complete an entrepreneurship readiness program and prepare a business plan, and they may use grant funds for purposes such as purchasing goods or services, funding a project that is directed toward economic development objectives, and acquiring a business enterprise.

Cosponsors 16

Members who signed on, in the order they did. Signatures ran from Feb 9, 2023 to Feb 14, 2024; 3 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
R-FLByron DonaldsOriginalFeb 9, 2023
D-NHChris PappasOriginalFeb 9, 2023
D-CAJ. Luis CorreaOriginalFeb 9, 2023
R-FLW. Gregory SteubeMar 10, 2023
R-FLCarlos A. GimenezMar 14, 2023
R-CAJay ObernolteMar 14, 2023
R-LAClay HigginsMar 30, 2023
R-SCRussell FryOct 2, 2023
R-CADoug LaMalfaNov 30, 2023
D-NJJosh GottheimerDec 29, 2023
R-ALBarry MooreFeb 9, 2024
R-TXBrian BabinFeb 9, 2024
R-AZDebbie LeskoFeb 9, 2024
R-PAMike KellyFeb 9, 2024
R-VABob GoodFeb 13, 2024

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseSmall Business Committee
Referred Feb 9, 2023

Actions 2

Everything that happened, newest first.

  1. Feb 9, 2023Introduced in House
  2. Feb 9, 2023Referred to the House Committee on Small Business.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Congress has the power to enact this legislation pursuant to Article I, Section 8 of the Constitution. The single subject of this legislation is: Veterans Entrepreneurship

The sponsor’s statement, as printed in the Congressional Record, vol. 169, no. 27, February 9, 2023, page H827.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 4433Veterans Entrepreneurship Act of 2021Reintroduction ofJul 16, 2021

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend the Small Business Act to require the Administrator of the Small Business Administration to carry out a pilot program on issuing grants to eligible veterans to start or acquire qualifying businesses, and for other purposes.
Short Title(s) as Introduced
Veterans Entrepreneurship Act of 2023

Subjects

Assigned by the Library of Congress. Policy area: Commerce.

Text 1

Each version as it was printed, newest first.

  1. Feb 9, 2023Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.