Small-Biz Aid For Veterans
According to ArmyTimes, Congress is getting closer to passing legislation that would help veterans and reservists who own small businesses.
The bill would create a $50,000 no-collateral, small-business loan for reservists and vets. In addition, it would add four new veteran-business outreach centers and create an interagency federal task force on small-business issues.
The compromise bill passed the Senate in mid-December before passing the House recently with modest changes. Now, the bill heads back to the Senate.
The chief sponsor of the House version of the bill, Rep. Jason Altmire (D-PA) said the programs in place are helpful, but he believes “more can still be done.”
Photo by stliraqwarvets.
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