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H.R. 5045

Veterans Small Business Support Act

Veterans Small Business Support Act - Amends the Small Business Act to prohibit the Administrator of the Small Business Administration (SBA) from assessing a guarantee fee in connection with a loan made under the SBA Express Program to a veteran or spouse of a veteran on or after October 1, 2014.

Directs the Administrator to report to Congress on: (1) the feasibility of providing financial planning and counseling to owners of small business concerns who are members of a reserve component prior to deployment; (2) the level of outreach to and consultation with female veterans by women's business centers and veterans business outreach centers; and (3) the Military Reservists Economic Injury Disaster Loan Program, which shall include a discussion of SBA outreach efforts to increase participation, the number of loans made, and an analysis of the effectiveness of, and recommendations for improving, the Program.

Referred to the House Committee on Small Business.

Rep. Peters, Gary C. [D-MI-14](D-MI)Sponsor
1committees3actions1related bills9subjects
  • Introduced in HouseJul 9, 2014
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    Referred to the House Committee on Small Business.

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    Introduced in House

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    Introduced in House