Veterans Entrepreneurship And Benefits Improvement Act Of 2003
Mr. Speaker, as an original sponsor of H.R. 1460, as amended, the ``Veterans Entrepreneurship and Benefits Improvement Act of 2003. I encourage my colleagues to support this legislation. I commend representative Renzi, Chairman Smith and…
Mr. Speaker, as an original sponsor of H.R. 1460, as amended, the ``Veterans Entrepreneurship and Benefits Improvement Act of 2003. I encourage my colleagues to support this legislation. I commend representative Renzi, Chairman Smith and Ranking Member Evans of the Committee on Veterans Affairs, and Chairman Manzullo and Ranking Member Velazquez of the Small Business Committee for bringing this important legislation to the floor for consideration.
I especially want to comment on sections two and three of the bill.
Section two would allow veterans, disabled veterans, dependents of totally disabled or deceased veterans, and active-duty members of the Selected Reserve to use their VA benefits to pursue pre- entrepreneurship and entrepreneurship courses offered under the auspices of Small Business Development Centers and the National Veterans Business Development Corporation. Small businesses in the last decade accounted for about 70 percent of the new jobs created in our economy.
The men and women who have served in our military indeed are engaging and resourceful individuals. Indeed, the 1999 report of the bipartisan Congressional Commission on Servicemembers and Veterans Transition Assistance found the following: ``a 5-year profile survey of veteran- owned businesses in Massachusetts conducted in the late 1980's and early 1990's showed that a pool of approximately 2,000 veterans engaged in micro businesses generated $74 million in taxable income for the Commonwealth of Massachusetts.'' And that is just in one state. With the availability of training under this bill, more veterans will be able to obtain the skills they need to start and grow their own small businesses. As Deputy Secretary of Veterans Affairs, Dr. Leo S. Mackay, Jr. testified at our April 30th hearing, ``the potential for positive effects on the economy, with enhanced competition and creativity within the marketplace, is significant.''
Section three of the bill would place disabled veteran-owned and controlled small businesses on a par with socially and economically disadvantaged veterans in the 8(a) contracting program for procurement contracts offered by the Department of Veterans Affairs for the next four years. This authority would apply to ``setaside'' and restricted competition contracts to be applied by contracting officers on a discretionary basis. For all Federal agencies, disabled veteran-owned and controlled small businesses would rank ahead of HUBZone and women- owned businesses in procurement preferences, but behind the 8(a) program. I find these types of preference as a needed `first step' because of two additional findings of the Transition Commission: first, ``Disabled-veteran entrepreneurs require additional assistance because these business owners encounter costs and impediments that are not factors for their non-disabled competitors. Second, as a matter of fundamental fairness, Congress should accord veterans a full opportunity to participate in the economic system that their service sustains.''
Lastly, Mr. Speaker, I would note for the Record that the current independent Task Force for Veterans Entrepreneurship, the aforementioned Transition Commission, the 1981 expert report of the SBA Veterans Project, and the 1980 White House Conference on Small Business all recommended some type of federal ``setaside'' authority for disabled-veteran owned and controlled small businesses in the purchase of goods and services.
I encourage my colleagues to support this legislation.