1. Short title
This Act may be cited as the “Service-Disabled Veterans Small Business Continuation Act”.
Service-Disabled Veterans Small Business Continuation Act
A BILL
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 section 1832(e) of the National Defense Authorization Act for Fiscal Year 2017 (Public Law 114–328; 130 Stat. 2660), section 3(q)(2)(C) of the Small Business Act (15 U.S.C. 632(q)(2)(C)) is amended—
in clause (i)(II), by striking “rated as 100 percent” and all that follows through “service-connected disability”; and
by amending clause (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.”