Public Law 115-416. Veterans Small Business Enhancement Act of 2018
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An Act To provide access to and manage the distribution of excess or surplus property to veteran-owned small businesses.Jan. 3, 2019[[S. 2679](/us/bill/115/s/2679)] * Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,* Veterans Small Business Enhancement Act of 2018.[15 USC 631 note](/us/usc/t15/s631). ## SECTION 1 SHORT TITLE This Act may be cited as the “Veterans Small Business Enhancement Act of 2018”. ## SEC. 2 ACCESS TO SURPLUS PROPERTY FOR VETERAN-OWNED SMALL BUSINESSES Section 32 of the Small Business Act ( 15 U.S.C. 657b ) is amended by adding at the end the following: > > ### “(g) Access to Surplus Property for Veteran-owned Small Businesses > > > #### “(1) Definitions > > In this subsection— > > > ##### “(A) > > the term ‘**foreign excess property**’ has the meaning given the term in [section 102 of title 40, United States Code](/us/usc/t40/s102); and > > > ##### “(B) > > the term ‘**state agency**’ has the meaning given the term, including the roles and responsibilities assigned, in [section 549 of title 40, United States Code](/us/usc/t40/s549). > > > #### “(2) Requirement > > Coordination. > > The Administrator, in coordination with the Administrator of General Services, shall provide access to and manage the distribution of surplus property, and foreign excess property returned to a State for handling as surplus property, owned by the United States under [chapter 7 of title 40, United States Code](/us/usc/t40/ch7), to small business concerns owned and controlled by veterans (as verified by the Secretary of Veterans Affairs under [section 8127 of title 38, United States Code](/us/usc/t38/s8127)) pursuant to a memorandum of agreement between the Administrator, the Administrator of General Services, and the head 132 STAT. 5437 of the applicable state agency for surplus properties and in accordance with [section 549 of title 40, United States Code](/us/usc/t40/s549).” > .
Approved January 3, 2019.
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Public Law 115-416
Veterans Small Business Enhancement Act of 2018
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