H.R. 7369House117th Congress (2021-2023)In Committee

VENTURE Act

Sponsored by Mike LevinRep. Mike Levin (D-CA)
Introduced April 1, 2022

AI-Generated Summary

Updated February 8, 2026 at 10:32 AM UTC

The VENTURE Act amends the Veterans’ Readiness and Employment (VRE) program to broaden which veterans can receive self‑employment assistance. It adds coverage for costs such as license fees, essential equipment, supplies, and initial inventory needed to start a business, and gives priority to veterans with the most severe service‑connected disabilities who need homebound training or self‑employment support. The changes affect veterans applying for VRE assistance through the Department of Veterans Affairs.

Key Provisions

  • Expands VRE self‑employment assistance to cover license fees, essential equipment, supplies, and minimum stock of materials as determined necessary by the VA Secretary.
  • Gives priority for these assistance services to veterans with the most severe service‑connected disabilities who require homebound training, self‑employment, or both.
  • Makes minor technical wording corrections to related sections of title 38 to improve clarity.

Legislative Activity

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5 earlier actions
HouseCommittee Latest Action

Ordered to be Reported by Voice Vote.

April 6, 2022

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HouseIntro Referral

Introduced in House

April 1, 2022

HouseIntro Referral

Referred to the House Committee on Veterans' Affairs.

April 1, 2022

HouseCommittee

Referred to the Subcommittee on Economic Opportunity.

April 5, 2022

HouseCommittee

Subcommittee on Economic Opportunity Discharged.

April 6, 2022

HouseCommittee

Committee Consideration and Mark-up Session Held.

April 6, 2022

HouseCommittee

Ordered to be Reported by Voice Vote.

April 6, 2022

Floor Debate

3 members

What members said about H.R. 7369 on the floor

2 Republicans1 Democrat
Mark Takano
Rep. Mark TakanoD-CA-41 · Sep 13, 2022

Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 7939) to make permanent certain educational assistance benefits under the laws administered by the Secretary of Veterans Affairs in…

Mike Bost
Rep. Mike BostR-IL-12 · Sep 13, 2022

Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in support of H.R. 7939, as amended, the Student Veteran Emergency Relief Act of 2022. This is a bipartisan bill led by…

Chip Roy
Rep. Chip RoyR-TX-21 · Sep 13, 2022

Mr. Speaker, I thank the chair and the ranking member for their leadership. Mr. Speaker, there are a number of bills here that pertain to the Committee on Veterans' Affairs' jurisdiction. I support a…

Bill Text

Latest available legislative text

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Introduced in HouseIssued April 1, 2022

I

117th CONGRESS

2d Session

H. R. 7369

IN THE HOUSE OF REPRESENTATIVES

April 1, 2022

Mr. Levin of California introduced the following bill; which was referred to the Committee on Veterans' Affairs

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.

1.

Short title

This Act may be cited as the Veteran Eligibility for Necessities To Undertake Rewarding Entrepreneurship Act or the VENTURE Act.

2.

Expansion of eligibility for self-employment assistance under Veteran Readiness and Employment program

(a)

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.

.

(b)

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.

(c)

Technical amendments

Section 3117 of such title is amended—

(1)

in subsection (a)(2)(C), by striking this clause and inserting this subparagraph; and

(2)

in subsection (b)—

(A)

in paragraph (1), by striking insure and inserting ensure; and

(B)

in paragraph (2), by striking clause both places it appears and inserting paragraph.