SERV Act

House Bill

H.R. 828

119th Congress

SERV Act

In Committee

Introduced:Jan 28, 2025

Primary Sponsor

Sharice Davids

Representative

Democratic

KS-3

Cosponsors

3

Quick Stats

Policy Area

Commerce

Summary

The SERV Act requires SBA to report on the veterans interagency task force and GAO to report on credit access for small businesses owned by veterans, Reservists, or their spouses. These reports will help identify barriers and improve support for veteran entrepreneurs.

Latest Action

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

AI Summary

Plain-English explanation of this bill

The SERV Act requires SBA to report on the veterans interagency task force and GAO to report on credit access for small businesses owned by veterans, Reservists, or their spouses. These reports will help identify barriers and improve support for veteran entrepreneurs.

Last updated: 1/4/2026

Official Summary

Congressional Research Service summary

Successful Entrepreneurship for Reservists and Veterans Act or the SERV Act This bill requires (1) the Small Business Administration to report on the veterans interagency task force; and (2) the Government Accountability Office to report on access to credit for small businesses owned and controlled by veterans, Reservists, or their spouses.

Key Points

Main provisions of the bill

Requires SBA report on veterans task force
GAO study on veteran small business credit access
Covers Reservists and military spouses
Identifies barriers to veteran entrepreneurship
Informs policy improvements
Supports veteran-owned businesses

How This Impacts Americans

Potential effects on citizens and communities

Veteran entrepreneurs often face unique challenges accessing credit and business support. This bill ensures data collection and analysis to identify specific barriers. By including Reservists and spouses, it recognizes the broader military family contribution to small business. The reports will inform policies to better support those who served in starting and growing businesses.

Policy Areas

Primary Policy Area

Commerce

Related Subjects

Congressional oversight

Credit and credit markets

Government studies and investigations

Small business

Veterans' education, employment, rehabilitation

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

828, 119th Congress (2025). "SERV Act". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-828