| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 3195 |
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| 5 | 5 | | To amend the Small Business Act to include surviving children in the defini- |
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| 6 | 6 | | tion of small business concern owned and controlled by service-disabled |
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| 7 | 7 | | veterans, and for other purposes. |
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| 8 | 8 | | IN THE HOUSE OF REPRESENTATIVES |
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| 9 | 9 | | MAY5, 2025 |
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| 10 | 10 | | Mr. M |
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| 11 | 11 | | OOREof Alabama (for himself, Mr. ELLZEY, and Ms. SEWELL) intro- |
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| 12 | 12 | | duced the following bill; which was referred to the Committee on Small |
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| 13 | 13 | | Business |
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| 14 | 14 | | A BILL |
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| 15 | 15 | | To amend the Small Business Act to include surviving chil- |
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| 16 | 16 | | dren in the definition of small business concern owned |
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| 17 | 17 | | and controlled by service-disabled veterans, and for other |
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| 18 | 18 | | purposes. |
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| 19 | 19 | | Be it enacted by the Senate and House of Representa-1 |
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| 20 | 20 | | tives of the United States of America in Congress assembled, 2 |
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| 21 | 21 | | SECTION 1. INCLUSION OF SURVIVING CHILDREN IN 3 |
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| 22 | 22 | | SMALL BUSINESS CONCERN OWNED AND 4 |
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| 23 | 23 | | CONTROLLED BY SERVICE-DISABLED VET-5 |
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| 24 | 24 | | ERANS DEFINITION. 6 |
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| 25 | 25 | | Section 3(q) of the Small Business Act (15 U.S.C. 7 |
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| 26 | 26 | | 632(q)) is amended— 8 |
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| 27 | 27 | | VerDate Sep 11 2014 03:03 May 10, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H3195.IH H3195 |
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| 28 | 28 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 |
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| 29 | 29 | | •HR 3195 IH |
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| 30 | 30 | | (1) in paragraph (2), by adding at the end the 1 |
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| 31 | 31 | | following new subparagraph: 2 |
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| 32 | 32 | | ‘‘(D)(i) During the time period described 3 |
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| 33 | 33 | | in clause (ii), a small business concern that was 4 |
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| 34 | 34 | | a small business concern described in subpara-5 |
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| 35 | 35 | | graph (A) or (B) immediately prior to the death 6 |
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| 36 | 36 | | of a service-disabled veteran who was the owner 7 |
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| 37 | 37 | | of the concern, the death of whom causes the 8 |
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| 38 | 38 | | concern to be less than 51 percent owned by 9 |
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| 39 | 39 | | one or more service-disabled veterans, if— 10 |
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| 40 | 40 | | ‘‘(I) a surviving child of the deceased 11 |
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| 41 | 41 | | veteran acquires such veteran’s ownership 12 |
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| 42 | 42 | | interest in such concern; and 13 |
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| 43 | 43 | | ‘‘(II) immediately prior to the death 14 |
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| 44 | 44 | | of such veteran and during the period de-15 |
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| 45 | 45 | | scribed in clause (ii), the small business 16 |
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| 46 | 46 | | concern is included in the database de-17 |
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| 47 | 47 | | scribed in section 36. 18 |
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| 48 | 48 | | ‘‘(ii) The time period described in this 19 |
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| 49 | 49 | | clause is the time period beginning on the date 20 |
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| 50 | 50 | | of the veteran’s death and ending on the earlier 21 |
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| 51 | 51 | | of— 22 |
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| 52 | 52 | | ‘‘(I) the date on which the surviving 23 |
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| 53 | 53 | | child relinquishes an ownership interest in 24 |
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| 54 | 54 | | the small business concern; or 25 |
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| 55 | 55 | | VerDate Sep 11 2014 03:03 May 10, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H3195.IH H3195 |
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| 56 | 56 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 3 |
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| 57 | 57 | | •HR 3195 IH |
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| 58 | 58 | | ‘‘(II) the date that is 3 years after the 1 |
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| 59 | 59 | | date of the veteran’s death.’’; and 2 |
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| 60 | 60 | | (2) by adding at the end the following new 3 |
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| 61 | 61 | | paragraph: 4 |
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| 62 | 62 | | ‘‘(8) S |
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| 63 | 63 | | URVIVING CHILD.—The term ‘surviving 5 |
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| 64 | 64 | | child’ means a biological or legally adopted child of 6 |
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| 65 | 65 | | a service-disabled veteran.’’. 7 |
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| 66 | 66 | | Æ |
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| 67 | 67 | | VerDate Sep 11 2014 03:03 May 10, 2025 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\H3195.IH H3195 |
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| 68 | 68 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB |
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