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Indiana bill to establish veteran business program

Draft legislation is working its way through the Indiana Statehouse that would set-aside state contracting money for veteran-owned small businesses (VOSB).

Under House Bill 1312, the state's Department of Administration would be tasked with establishing a VOSB certification program, which the state would use to identify firms eligible to meet an annual VOSB procurement goal of three percent.

The state currently has a similar program in place for minority and women-owned businesses.

The text of the bill can be viewed at https://iga.in.gov/legislative/2016/bills/house/1312#document-fffded3d.