H.R.2882 - Improving Opportunities for Service-Disabled Veteran-Owned Small Businesses Act of 2013113th Congress (2013-2014)
Summary: H.R.2882 — 113th Congress (2013-2014)
Introduced in House (07/31/2013)
Improving Opportunities for Service-Disabled Veteran-Owned Small Businesses Act of 2013 - Amends the Small Business Act to provide that if the death of a service-disabled veteran causes a small business concern to be less than 51% owned by one or more such veterans, the surviving spouse of such veteran who acquires ownership rights in such small business concern shall be treated as if the surviving spouse were that veteran for the purpose of maintaining the business's status as a small business concern owned and controlled by service-disabled veterans until the earlier of: (1) the date on which the surviving spouse either remarries or relinquishes the ownership interest, or (2) 10 years after the veteran's death.
Repeals a provision providing for such treatment of the surviving spouse of a veteran-owned and controlled small business after the death of a veteran-owner.
Directs the Administrator of the Small Business Administration (SBA) to enter into a memorandum of understanding with the Secretary of Veterans Affairs (VA) that transfers from the Secretary to the Administrator control and administration of a required database of veteran-owned businesses.