,,ii  #aacth ,,congress  #b;d ,session  
,s4 #bccd  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #ad1 #bjad
 ,mr4 ,king 7for himself and ,mr4 ,burr7
 introduced the following bill2 which   
was read twice and referred to the      
,committee on ,small ,business and      
,entrepreneurship  ,a ,,bill  ,to amend 
the ,small ,business ,act and title #ch1
 ,united ,states ,code1 to provide for a
 consolidated definition of a small     
business concern owned and controlled by
 veterans1 and for other purposes4  #a4 
,short title  ,this ,act may be cited as
 the ,improving ,opportunities for      
,service-,disabled ,veteran-,owned      
,small ,businesses ,act of #bjad4  #b4  
,small ,business definition of small    
business concern consolidated  ,section 
#c7q7 of the ,small ,business ,act 7#ae 
,u4,s4,c4 #fcb7q77 is amended--  7#a7 by
 amending paragraph 7#b7 to read as     
follows3  7#b7  ,small business concern 
owned and controlled by service-disabled
 veterans  ,the term small business     

concern owned and controlled by         
service-disabled veterans means a small 
business concern--  7,a7  7i7 not less  
than #ea percent of which is owned by   
one or more service-disabled veterans   
or1 in the case of any publicly owned   
business1 not less than #ea percent of  
the stock of which is owned by one or   
more service-disabled veterans2 and     
7ii7 the management and daily business  
operations of which are controlled by   
one or more service-disabled veterans   
or1 in the case of a veteran with       
permanent and severe disability1 the    
spouse or permanent caregiver of such   
veteran2 or  7,b7 not less than #ea     
percent of which is owned by one or more
 veterans with service-connected        
disabilities that are permanent and     
total who are unable to manage the daily
 business operations of such concern or1
 in the case of a publicly owned        
business1 not less than #ea percent of  
the stock of which is owned by one or   
more such veterans4  2 and  7#b7 by     

adding at the end the following3  7#f7  
,treatment of ,businesses ,after ,death 
of ,veteran-,owner  7,a7  ,in general   
,if the death of a service-disabled     
veteran causes a small business concern 
to be less than #ea percent owned by one
 or more such veterans1 the surviving   
spouse of such veteran who acquires     
ownership rights in such small business 
concern shall1 for the period described 
in subparagraph 7,b71 be treated as if  
the surviving spouse were that veteran  
for the purpose of maintaining the      
status of the small business concern as 
a small business concern owned and      
controlled by service-disabled veterans4
  7,b7  ,period described  ,the period  
referred to in subparagraph 7,a7 is the 
period beginning on the date on which   
the service-disabled veteran dies and   
ending on the earliest of the following 
dates3  7i7 ,the date on which the      
surviving spouse remarries4  7ii7 ,the  
date on which the surviving spouse      
relinquishes an ownership interest in   

the small business concern4  7iii7 ,the 
date that--  7,i7 in the case of a      
surviving spouse of a veteran with a    
service-connected disability rated as   
#ajj percent disabling or who dies as a 
result of a service-connected           
disability1 is #aj years after the date 
of the veteran's death2 or  7,,ii7 in   
the case of a surviving spouse of a     
veteran with a service-connected        
disability rated as less than #ajj      
percent disabling who does not die as a 
result of a service-connected           
disability1 is three years after the    
date of the veteran's death4  4  #c4    
,veterans ,affairs ,definition of small 
business concern consolidated ,section  
#habg of title #ch1 ,united ,states     
,code1 is amended--  7#a7 by striking   
subsection 7h72 and  7#b7 in subsection 
7l77#b71 by striking means and all that 
follows through the period at the end   
and inserting the following3 has the    
meaning given that term under section   
#c7q7 of the ,small ,business ,act 7#ae 

,u4,s4,c4 #fcb7q7744  #d4 ,,gao report  
on verification of status ,not later    
than #bgj days after the date of        
enactment of this ,act1 the ,comptroller
 ,general of the ,united ,states shall  
submit to the ,committee on ,veterans'  
,affairs and the ,committee on ,small   
,business and ,entrepreneurship of the  
,senate and the ,committee on ,veterans'
 ,affairs and the ,committee on ,small  
,business of the ,house of              
,representatives a report-- 7#a7        
evaluating whether it is practicable for
 the ,administrator of the ,small       
,business ,administration or the        
,secretary of ,veterans ,affairs to have
 ,government-wide responsibility for    
verifying whether a business concern    
purporting to be a small business       
concern owned and controlled by         
service-disabled veterans 7as defined   
under section #c7q7 of the ,small       
,business ,act 7#ae ,u4,s4,c4 #fcb7q771 
as amended by this ,act7 qualifies as a 
small business concern owned and        

controlled by service-disabled veterans2
 and  7#b7 making recommendations on the
 advisability of the ,administrator of  
the ,small ,business ,administration or 
the ,secretary of ,veterans ,affairs    
having such ,government-wide            
responsibility4