Public Law 106-50

E208753

Public Law 106-50 is a U.S. federal statute enacted in 1999 to expand and strengthen federal contracting and business development opportunities for service-disabled veteran-owned small businesses.

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Label Occurrences
Public Law 106-50 canonical 1

Statements (49)

Predicate Object
instanceOf United States federal statute
public law
alsoKnownAs Veterans Entrepreneurship and Small Business Development Act of 1999
amends Small Business Act of 1958
surface form: Small Business Act

Small Business Investment Act of 1958
appliesTo executive agencies of the United States federal government
service-disabled veterans seeking to own and operate small businesses
assignsRoleTo U.S. Small Business Administration
surface form: U.S. Small Business Administration Office of Veterans Business Development
beneficiaries service-disabled veteran entrepreneurs
veteran entrepreneurs
codifiedIn Title 15 of the United States Code
country United States of America
surface form: United States
creates National Veterans Business Development Corporation
Veterans Business Development programs within the Small Business Administration
Veterans Entrepreneurship Promotion programs
dateEnacted August 17, 1999
designatesAgency U.S. Small Business Administration
enactedBy 106th United States Congress
encourages use of federal contracting as a tool for veteran small business development
establishes federal government-wide goal for participation by service-disabled veteran-owned small businesses in procurement contracts
focusesOn service-disabled veteran-owned small businesses
veteran-owned small businesses
goalPercentage 3 percent of federal prime and subcontract awards for service-disabled veteran-owned small businesses
jurisdiction United States government
surface form: United States federal government
language English
legislativeBody United States Congress
policyArea federal procurement policy
small business policy
veterans affairs
presidentAtEnactment Bill Clinton
publicLawNumber 106-50
purpose to expand and strengthen federal contracting opportunities for service-disabled veteran-owned small businesses
to improve small business development assistance for veterans
to promote entrepreneurship among veterans
region United States of America
surface form: United States
relatedTo service-disabled veteran-owned small business program
veteran-owned small business federal contracting preferences
requires federal agencies to develop strategies to meet contracting goals for service-disabled veteran-owned small businesses
reporting on participation of veteran-owned small businesses in federal procurement
sector federal procurement
setsGoalFor federal contracting with service-disabled veteran-owned small businesses
shortTitle Veterans Entrepreneurship and Small Business Development Act of 1999
signedBy Bill Clinton
status in force
subject government contracting
small business
veterans
typeOfMeasure public bill
yearEnacted 1999

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