Contract Our Veterans Act of 2026

House Bill

H.R. 7534

119th Congress

Contract Our Veterans Act of 2026

In Committee

Introduced:Feb 12, 2026

Primary Sponsor

Sponsor information unavailable

Cosponsors

0

Quick Stats

Summary

This bill would change the Small Business Act to create a specific goal for how much federal contract money should go to small businesses owned and controlled by veterans. The goal would set a target percentage of government procurement contracts that should be awarded to veteran-owned small businesses.

Latest Action

Referred to the House Committee on Small Business.

Introduced2/12/2026

StatusReferred to the House Committee on Small Business.

ChamberHouse

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Vote Prediction

Contract Our Veterans Act of 2026

This bill would change the Small Business Act to create a specific goal for how much federal contract money should go to small businesses owned and controlled by veterans. The goal would set a target percentage of government procurement contracts that should b

Community Breakdown

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This bill would change the Small Business Act to create a specific goal for how much federal contract money should go to small businesses owned and controlled by veterans. The goal would set a target percentage of government procurement contracts that should be awarded to veteran-owned small businesses.

Bill Number: 7534
Introduced: 2/12/2026
Status: Referred to the House Committee on Small Business.

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: Contract Our Veterans Act of 2026
Bill Number: 7534
Sponsor: No sponsor
Status: Referred to the House Committee on Small Business.
Introduced: 2/12/2026
Summary: This bill would change the Small Business Act to create a specific goal for how much federal contract money should go to small businesses owned and controlled by veterans. The goal would set a target percentage of government procurement contracts that should be awarded to veteran-owned small busines

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill would change the Small Business Act to create a specific goal for how much federal contract money should go to small businesses owned and controlled by veterans. The goal would set a target percentage of government procurement contracts that should be awarded to veteran-owned small businesses.

Last updated: 2/28/2026

Key Points

Main provisions of the bill

The bill would establish a participation goal for veteran-owned and veteran-controlled small businesses in federal procurement contracts.
It would amend the existing Small Business Act, which already contains goals for various categories of small businesses.
The legislation aims to increase opportunities for veterans who own small businesses to compete for government contracts.
The bill has been referred to the House Committee on Small Business for consideration.

How This Impacts Americans

Potential effects on citizens and communities

This bill would primarily affect veterans who own and control small businesses by potentially increasing their access to federal contracts. Federal agencies would need to track and work toward meeting the new participation goal when awarding contracts. The change could result in more government contract dollars going to veteran-owned businesses, though the specific percentage goal is not available in the current information.

Policy Areas

No policy areas assigned yet.

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

7534, 119th Congress (2026). "Contract Our Veterans Act of 2026". Source: Voter's Right Platform. https://votersright.org/bills/119-hr-7534

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