H.R. 828 · Where this bill is now
In the Senate
Passed the House Feb 24, 2025. Received Feb 25, 2025; no Senate vote yet
What this bill does
In plain words · AI-written from the official summaryVeterans and Reservists small business credit study
This bill asks the Small Business Administration to report on how a veterans interagency task force is working. It also asks the Government Accountability Office to look into whether veterans, Reservists, and their spouses who own small businesses can easily access credit.
How it affects you
If you're a veteran, Reservist, or spouse of either who owns a small business, this bill doesn't change any rules or programs right now. Instead, it directs two government agencies to study and report back on whether you can get loans and funding when you need them.
Read the official summary (Introduced in House, Jan 28, 2025)
Successful Entrepreneurship for Reservists and Veterans Act or the SERV Act
This bill requires (1) the Small Business Administration to report on the veterans interagency task force; and (2) the Government Accountability Office to report on access to credit for small businesses owned and controlled by veterans, Reservists, or their spouses.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 828
AN ACT
Successful Entrepreneurship for Reservists and Veterans Act
SERV Act
Sponsor: Rep. Sharice Davids (D-KS-3) · Introduced Jan 28, 2025 · Commerce · 3 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Feb 25, 2025: “Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.”
Sections
The wording of this bill hasn’t changed across its 3 official versions.