1. Short title
This Act may be cited as the “Service-Disabled Veterans Small Business Continuation Act”.
Service-Disabled Veterans Small Business Continuation Act
AN ACT
To amend the Small Business Act to clarify the treatment of certain surviving spouses under the definition of small business concern owned and controlled by service-disabled veterans.
2. Technical amendment regarding treatment of certain surviving spouses under the definition of small business concern owned and controlled by service-disabled veterans
Effective on the date specified in subsection (e) of section 1832 of the National Defense Authorization Act for Fiscal Year 2017 (Public Law 114–328; 130 Stat. 2660), section 3(q)(2) of the Small Business Act (15 U.S.C. 632(q)) is amended—
in subparagraph (C)(i)(II), by striking “rated as 100 percent” and all that follows through “service-connected disability”; and
by amending subparagraph (C)(ii)(III) to read as follows:
“(III) the date that—
“(aa) in the case of a surviving spouse of a veteran with a service-connected disability rated as 100 percent disabling or who dies as a result of a service-connected disability, is 10 years after the date of the death of the veteran; or
“(bb) in the case of a surviving spouse of a veteran with a service-connected disability rated as less than 100 percent disabling who does not die as a result of a service-connected disability, is 3 years after the date of the death of the veteran.”