[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4671 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 4671

To amend title 38, United States Code, to provide direct loans and set-
                     asides for disabled veterans.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 28, 1994

Mr. Sangmeister ( by request) introduced the following bill; which was 
             referred to the Committee on Veterans' Affairs

_______________________________________________________________________

                                 A BILL


 
To amend title 38, United States Code, to provide direct loans and set-
                     asides for disabled veterans.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That (a) chapter 37 of 
title 38, United States Code, is amended by adding at the end the 
following new subchapter:

      ``Subchapter VI--Direct Loans to Qualified Disabled Veterans

``Sec. 3781. Establishment of program
    ``(a) The Secretary, under such regulations as the Secretary shall 
prescribe, shall establish a program to make loans to qualified 
disabled veterans to aid such veterans in establishing their own 
businesses.
    ``(b) Under the program established pursuant to subsection (a), the 
Secretary shall operate a set-aside program for disabled veteran owned 
businesses. For the purposes of this subsection, the program shall have 
authority substantially equivalent to the authority vested in the 
Administrator of the Small Business Administration by section 8(a) of 
the Small Business Act (15 U.S.C. 637(a)), and the Secretary may enter 
into, and arrange the performance of, contracts in the same manner as 
such contracts are entered into and arranged under such section 8(a).
    ``(c) Requirements that apply to Federal departments and agencies 
in the letting of contracts under section 8(a) of the Small Business 
Act shall also apply to such departments and agencies in the letting of 
contracts under this subchapter.''.
    (b) Conforming Amendment.--The table of sections at the beginning 
of chapter 37 of title 38, United States Code, is amended by adding at 
the end the following:

      ``SUBCHAPTER VI--DIRECT LOANS TO QUALIFIED DISABLED VETERANS

``Sec.
``3781. Establishment of program.''.
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