Bills · HR 3195
IN COMMITTEE· 119TH CONGRESS
House BillHR 3195Commerce
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.
INTRO MAY 5· LAST ACTION MAY 5
READING
2MIN
COSPONSORS
5BIPARTISAN
READER REACTIONS0 TOTAL
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- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it provides a transitional period for small businesses after the death of a service-disabled veteran owner. Without this change, if a service-disabled veteran owner dies, their business could immediately lose its special 'service-disabled veteran-owned' status, which often comes with access to certain federal contracts and support programs. This could make it very difficult for the business to continue operating, potentially leading to job losses or the business's closure.
By allowing a surviving child to maintain this status for up to three years, the bill gives the business and the family time to adjust, reorganize, or sell the business without immediately losing critical government contracts. If this bill does not become law, these businesses would face immediate loss of their veteran-owned status upon the veteran's death, potentially causing significant financial hardship and instability.
KEY PROVISIONS
4AI-extractedPROVISION 01
Allows small businesses to retain 'service-disabled veteran-owned' status after the death of the veteran owner.
This provides a critical transition period for businesses and families, preventing immediate loss of benefits.
PROVISION 02
The extended status is granted only if a surviving biological or legally adopted child of the deceased veteran acquires the ownership interest.
This ensures the benefit is specifically tied to the veteran's family, honoring their legacy.
PROVISION 03
The extended status is limited to a maximum of three years after the veteran's death or until the child relinquishes ownership, whichever is sooner.
This time limit ensures the program primarily supports veteran-owned entities while allowing for a reasonable transition.
PROVISION 04
The business must have been listed in the federal database for service-disabled veteran-owned businesses prior to the veteran's death.
This provision helps prevent fraud and ensures only legitimately recognized businesses can benefit from the extension.
SPONSORSHIP
1 + 5
R· Alabama
YRS IN OFFICE
5
BILLS LED
31
COSPONSOR BREAKDOWNBIPARTISAN · 80%
DEM 2 REP 3 IND 0
ACTION TIMELINE
2 EVENTSMAY 5
Introduced in House
MAY 5
Referred to the House Committee on Small Business.
BILL INFO
TypeHouse Bill
NumberHR 3195
Congress119th
StatusIn Committee
IntroducedMay 5, 2025
Last actionMay 5, 2025
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IN COMMITTEE· 119TH CONGRESS · SMALL BUSINESS COMMITTEE · INTRODUCED MAY 5, 2025
House BillHR 3195Commerce
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.
INTRODUCED MAY 5, 2025· LAST ACTION MAY 5, 2025
PASSAGE CHANCES
—%
READING
2 min
COSPONSORS
5
COMPLEXITY
Moderate
