Sens. Sheehy and Schiff Introduce Contract Our Veterans Act to Boost Federal Spending with Veteran-Owned Firms
A senate committee must act next: committee consideration.
This bill’s path across every version that has carried it.
Reintroduced
Reintroduced from H.R. 7401 (118th), which died when its Congress ended.
H.R. 7401 (118th) →Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
Small business owners who are veterans would clearly benefit from new set-aside contracting opportunities. However, non-veteran small business owners could face slightly increased competition as a new 5% goal carves out a portion of federal contract dollars specifically for veteran-owned firms. The overall small business share of federal contracting wouldn't necessarily shrink, but the competitive landscape shifts somewhat.
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Contract Our Veterans Act of 2026
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