{"id":19508,"date":"2023-07-11T11:45:11","date_gmt":"2023-07-11T15:45:11","guid":{"rendered":"https:\/\/www.ossoff.senate.gov\/?post_type=press-releases&#038;p=19508"},"modified":"2023-07-11T11:45:12","modified_gmt":"2023-07-11T15:45:12","slug":"sen-ossoff-introduces-bipartisan-bill-to-support-small-businesses-owned-by-service-disabled-veterans","status":"publish","type":"press-releases","link":"https:\/\/www.ossoff.senate.gov\/es\/press-releases\/sen-ossoff-introduces-bipartisan-bill-to-support-small-businesses-owned-by-service-disabled-veterans\/","title":{"rendered":"Sen. Ossoff Introduces Bipartisan Bill to Support Small Businesses Owned by Service-Disabled Veterans"},"content":{"rendered":"<p class=\"has-text-align-center\"><em>Sen. Ossoff introduces new legislation to help service-disabled veteran-owned small businesses compete for Federal contracts<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center\"><em><a href=\"https:\/\/www.georgia.org\/small-business\/resources-for-veterans\">Over 97,000 veterans<\/a>&nbsp;across Georgia own small businesses<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center\"><em>The American Legion: \u201cSenator Ossoff has shown great leadership on this issue, and the American Legion fully supports this act as it will provide much-needed recognition and support for SDVOSBs and veterans who have served our country with distinction.\u201d<\/em><\/p>\n\n\n\n<p><strong>Washington, D.C.&nbsp;<\/strong>\u2014 U.S. Senator Jon Ossoff is introducing a bipartisan bill to support small businesses&nbsp;<em>run by service-disabled veterans in Georgia<\/em>.<\/p>\n\n\n\n<p>In his latest effort to support Georgia\u2019s veterans and small businesses, Sen. Ossoff introduced the bipartisan&nbsp;<em>Investing in VETS Act<\/em>&nbsp;to help service-disabled veteran business owners compete for Federal government contracts, helping expand their business opportunities to new markets.<\/p>\n\n\n\n<p>The new bipartisan legislation will help service-disabled Veteran-owned small businesses compete for Federal contracts by requiring the Federal government and its 24 agencies to award at least five percent of its total contracts to service-disabled Veteran-owned Small Business&nbsp;per fiscal year, which is the same requirement in place for&nbsp;Woman-Owned Small Businesses and Small Disadvantaged Businesses.<\/p>\n\n\n\n<p>\u201cService-disabled veterans have made huge sacrifices in our national defense. I\u2019m introducing this bipartisan bill to support small businesses run by service-disabled veterans in Georgia,\u201d&nbsp;<strong>Sen. Ossoff said.<\/strong><\/p>\n\n\n\n<p>Congresswoman Jen Kiggans (R-VA-02) and Congressman Frank Mrvan (D-IN-01) will introduce the bipartisan companion bill in the U.S. House of Representatives.<\/p>\n\n\n\n<p>\u201cThe&nbsp;<em>Investing in Veterans Entrepreneurial Talents Act<\/em>&nbsp;is a crucial piece of legislation that seeks to raise the federal contracting participation goal for Service-Disabled Veteran-Owned Small Businesses (SDVOSBs) to 5 percent. This change will align the participation goals for SDVOSBs with those of Women-Owned Small Businesses (WOSBs) and Socially and Economically Disadvantaged Small Businesses (SDBs), creating a more equitable playing field for small businesses,\u201d&nbsp;<strong>said Chanin Nunvatong, Executive Director of The American Legion.<\/strong>\u201cSenator Ossoff has shown great leadership on this issue, and the American Legion fully supports this act as it will provide much-needed recognition and support for SDVOSBs and veterans who have served our country with distinction.\u201d<\/p>\n\n\n\n<p>According to the&nbsp;<a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/vet.pdf\">Bureau of Labor Statistics<\/a>, approximately 27% of all veterans have a service-connected disability.&nbsp;&nbsp;There are currently more than 700,000 veterans across Georgia and&nbsp;<a href=\"https:\/\/www.georgia.org\/small-business\/resources-for-veterans\">over 97,000 who own small businesses in the state<\/a>.&nbsp;<\/p>\n\n\n\n<p>Sen. Ossoff is a strong advocate for veterans in the state of Georgia and nationwide.<\/p>\n\n\n\n<p>Sen. Ossoff is also pushing to pass the bipartisan Major Richard Star Act, which would ensure<a href=\"https:\/\/www.wjbf.com\/news\/georgia-news\/u-s-senator-jon-ossoff-pushing-bill-to-benefit-combat-wounded-veterans\/\">Georgia\u2019s combat-disabled veterans receive the full retirement pay and disability benefits<\/a>&nbsp;they deserve.<\/p>\n\n\n\n<p>Last year, Sen. Ossoff helped pass the most significant&nbsp;<a href=\"https:\/\/www.wtvm.com\/2022\/06\/17\/sen-ossoff-weighs-senate-passing-historic-bipartisan-toxic-exposure-legislation\/\">expansion of health care for toxic-exposed veterans<\/a>&nbsp;in more than two decades. He also successfully passed bipartisan legislation into law that will ensure&nbsp;<a href=\"https:\/\/www.wrdw.com\/2022\/12\/16\/ossoff-bill-veteran-benefits-gets-final-congressional-ok\/\">veterans can access their military records and the service benefits<\/a>&nbsp;they have earned.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.ossoff.senate.gov\/wp-content\/uploads\/2023\/07\/Investing-in-Veteran-Entrepreneurial-Talents-Act.pdf\">Click here<\/a>&nbsp;to read&nbsp;the&nbsp;<em>Investing in VETS Act.<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Sen. Ossoff introduces new legislation to help service-disabled veteran-owned small businesses compete for Federal contracts Over 97,000 veterans&nbsp;across Georgia own small businesses The American Legion: \u201cSenator Ossoff has shown great leadership on this issue, and the American Legion fully supports this act as it will provide much-needed recognition and support for SDVOSBs and veterans who [&hellip;]<\/p>","protected":false},"author":57,"featured_media":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-19508","press-releases","type-press-releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases\/19508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/types\/press-releases"}],"author":[{"embeddable":true,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/users\/57"}],"version-history":[{"count":1,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases\/19508\/revisions"}],"predecessor-version":[{"id":19510,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases\/19508\/revisions\/19510"}],"wp:attachment":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/media?parent=19508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/categories?post=19508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/tags?post=19508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}