H.R. 7401 aims to update title 10 of the United States Code to set goals for the Department of Defense in awarding contracts to small businesses owned by veterans, including those with service-connected disabilities. The bill instructs the Secretary of Defense to ensure these...
Simple Explanation
H.R. 7401 wants to help small businesses owned by veterans get more opportunities to work with the Department of Defense. This means giving these businesses a chance to win contracts more easily, like using a special list to find them and sometimes letting them get contracts without having to compete against others.