WASHINGTON, D.C. — Today, the Ensuring SBA Implementation of GAO Recommendations Act of 2026, introduced by Congresswoman LaMonica McIver (NJ-10), passed the U.S. House of Representatives. The bill strengthens Small Business Administration (SBA) support for veteran entrepreneurs and bolsters veteran-owned small businesses.
McIver spoke during debate on the bill.
“This Veterans Day, it is more important than ever that Congress continues to invest in the contributions veterans make to our communities—even after their service in uniform finishes. This bill will help do just that by expanding access to resources that allow veterans to establish, sustain, and grow their small businesses,” said McIver. “By putting the right support systems in place, we can help veteran-owned businesses succeed and strengthen our local economies.”
The Ensuring SBA Implementation of GAO Recommendations Act would:
-
Strengthen support for veteran entrepreneurs by ensuring the SBA identifies ways to improve veteran-owned small businesses' access to federal assistance and resources needed to start, maintain, and grow their businesses.
-
Strengthen SBA accountability by requiring the Office of Veterans Business Development (OVBD) to establish policies and procedures within 60 days of enactment to ensure compliance with existing federal reporting requirements.
-
Improve congressional oversight by ensuring the SBA submits required annual reports on the needs of veteran-owned and service-disabled veteran-owned small businesses.
-
Increase transparency by ensuring Congress receives information on the challenges facing veteran entrepreneurs and their access to SBA programs and federal contracting opportunities.
The full text of the Ensuring SBA Implementation of GAO Recommendations Act of 2026 can be found here.
###