H.R. 7369

VENTURE Act

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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.