Section 1 Short title
This Act may be cited as the “Disabled Veterans Rebuilding Infrastructure to Vitalize our Economy Act”.
Disabled Veterans Rebuilding Infrastructure to Vitalize our Economy Act
A BILL
To amend the FAST Act to improve contracting opportunities for service-connected disabled veteran-owned small business concerns, and for other purposes.
Sec. 2 Disadvantaged business enterprises
in paragraph (2)—
by redesignating subparagraphs (A) and (B) as subparagraphs (B) and (C), respectively; and
by inserting before subparagraph (B) (as so redesignated) the following:
“(A) Service-connected disabled veteran-owned small business concern—The term service-connected disabled veteran-owned small business concern has the meaning given the term small business concern owned and controlled by service-disabled veterans in section 3(q) of the Small Business Act (15 U.S.C. 632(q)).”
in paragraph (3)—
by striking “not less than 10 percent”;
by striking “Code, shall be” and inserting the following:
“(A) not less than 10 percent shall be”
in subparagraph (A) (as so designated), by striking the period at the end and inserting “; and”; and
by adding at the end the following:
“(B) to the maximum extent practicable, not less than 5 percent shall be expended through service-connected disabled veteran-owned small business concerns.”
in paragraph (4)(B)—
in clause (ii), by striking “and” at the end;
in clause (iii), by striking the period at the end and inserting “; and”; and
by adding at the end the following:
“(iv) service-disabled veterans (as defined in section 3(q) of the Small Business Act (15 U.S.C. 632(q))).”