H.R. 8357 · 118th Congress
Better Utilizing Infrastructure for Lasting Development of Veterans Businesses Act of 2024
- Stage
- In committee
- Sponsor
- Andy Kim
- Introduced
- 2024-05-10
- Latest action
- 2024-05-13 · Referred to the Subcommittee on Highways and Transit.
Summary
Better Utilizing Infrastructure for Lasting Development of Veterans Businesses Act of 2024 or the BUILD Veterans Businesses Act of 2024
This bill requires a specified percentage of certain federal-aid highway and public transportation funds to be expended through veteran-owned small businesses. Further, the Department of Transportation (DOT) must establish minimum requirements and criteria for states to use in (1) certifying businesses that qualify as a veteran-owned small business; and (2) reporting to DOT on veteran-owned small business awards, commitments, and achievement.