I
119THCONGRESS
1
STSESSION H. R. 3195
To amend the Small Business Act to include surviving children in the defini-
tion of small business concern owned and controlled by service-disabled
veterans, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
MAY5, 2025
Mr. M
OOREof Alabama (for himself, Mr. ELLZEY, and Ms. SEWELL) intro-
duced the following bill; which was referred to the Committee on Small
Business
A BILL
To amend the Small Business Act to include surviving chil-
dren in the definition of small business concern owned
and controlled by service-disabled veterans, and for other
purposes.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. INCLUSION OF SURVIVING CHILDREN IN 3
SMALL BUSINESS CONCERN OWNED AND 4
CONTROLLED BY SERVICE-DISABLED VET-5
ERANS DEFINITION. 6
Section 3(q) of the Small Business Act (15 U.S.C. 7
632(q)) is amended— 8
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(1) in paragraph (2), by adding at the end the 1
following new subparagraph: 2
‘‘(D)(i) During the time period described 3
in clause (ii), a small business concern that was 4
a small business concern described in subpara-5
graph (A) or (B) immediately prior to the death 6
of a service-disabled veteran who was the owner 7
of the concern, the death of whom causes the 8
concern to be less than 51 percent owned by 9
one or more service-disabled veterans, if— 10
‘‘(I) a surviving child of the deceased 11
veteran acquires such veteran’s ownership 12
interest in such concern; and 13
‘‘(II) immediately prior to the death 14
of such veteran and during the period de-15
scribed in clause (ii), the small business 16
concern is included in the database de-17
scribed in section 36. 18
‘‘(ii) The time period described in this 19
clause is the time period beginning on the date 20
of the veteran’s death and ending on the earlier 21
of— 22
‘‘(I) the date on which the surviving 23
child relinquishes an ownership interest in 24
the small business concern; or 25
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‘‘(II) the date that is 3 years after the 1
date of the veteran’s death.’’; and 2
(2) by adding at the end the following new 3
paragraph: 4
‘‘(8) S
URVIVING CHILD.—The term ‘surviving 5
child’ means a biological or legally adopted child of 6
a service-disabled veteran.’’. 7
Æ
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