S. 492 — Introduced in Senate

II 116th CONGRESS 1st Session S. 492 IN THE SENATE OF THE UNITED STATES February 14, 2019Mr. Peters (for himself and Mr. Cornyn) introduced the following bill; which was read twice and referred to the Committee on Environment and Public Works A BILL To amend the FAST Act to improve contracting opportunities for service-connected disabled veteran-owned small business concerns, and for other purposes. 1. Short title This Act may be cited as the Disabled Veterans Rebuilding Infrastructure to Vitalize our Economy Act. 2. Disadvantaged business enterprises Section 1101(b) of the FAST Act (23 U.S.C. 101 note; Public Law 114–94) is amended— (1) in paragraph (2)— (A) by redesignating subparagraphs (A) and (B) as subparagraphs (B) and (C), respectively; and (B) by inserting before subparagraph (B) (as so redesignated) the following: (A) Service-connected disabled veteran-owned small business concern The term service-connected disabled veteran-owned small business concern has the meaning given the term small business concern owned and controlled by service-disabled veterans in section 3(q) of the Small Business Act (15 U.S.C. 632(q)). ; (2) in paragraph (3)— (A) by striking not less than 10 percent; (B) by striking Code, shall be and inserting the following: Code— (A) not less than 10 percent shall be ; (C) in subparagraph (A) (as so designated), by striking the period at the end and inserting ; and; and (D) by adding at the end the following: (B) to the maximum extent practicable, not less than 5 percent shall be expended through service-connected disabled veteran-owned small business concerns. ; and (3) in paragraph (4)(B)— (A) in clause (ii), by striking and at the end; (B) in clause (iii), by striking the period at the end and inserting ; and; and (C) by adding at the end the following: (iv) service-disabled veterans (as defined in section 3(q) of the Small Business Act (15 U.S.C. 632(q))). .