Section 1 Short title
This Act may be cited as the “Veteran Eligibility for Necessities To Undertake Rewarding Entrepreneurship Act” or the “VENTURE Act”.
Veteran Eligibility for Necessities To Undertake Rewarding Entrepreneurship Act
A BILL
To amend title 38, United States Code, to expand the eligibility of veterans who may receive self-employment assistance under the Veteran Readiness and Employment program of the Department of Veterans Affairs.
Sec. 2 Expansion of eligibility for self-employment assistance under Veteran Readiness and Employment program
Expansion of eligibility— Paragraph (12) of subsection (a) of section 3104 of title 38, United States Code, is amended to read as follows:
“(12) Such license fees and essential equipment, supplies, and minimum stocks of materials as the Secretary determines to be necessary for a veteran to begin self-employment and are within the criteria and cost limitations that the Secretary shall prescribe in regulations for the furnishing of such fees, equipment, supplies, and stocks.”
Priority— Subsection (c)(1) of such section is amended by inserting before the first period the following: “, including with respect to providing priority for services under subsection (a)(12) to veterans with the most severe service-connected disabilities who require homebound training or self-employment, or both homebound training and self-employment”.
Technical amendments— Section 3117 of such title is amended—
in subsection (a)(2)(C), by striking “this clause” and inserting “this subparagraph”; and
in subsection (b)—
in paragraph (1), by striking “insure” and inserting “ensure”; and
in paragraph (2), by striking “clause” both places it appears and inserting “paragraph”.