Jan. 16, 2008 – 2:03 p.m.
The House on Wednesday sent the Senate a revised version of legislation to expand Small Business Administration programs for veterans and military reservists.
By 406-2, the House accepted some of the changes the Senate made earlier to the bill while making some of its own.
The bill, sponsored by Rep.
Some 4 million veterans own small businesses, making up about 14 percent of such enterprises, while the unemployment rate for veterans is nearly double the national average.
The Altmire bill would lengthen the time available to reservists to apply for disaster loans and raise the maximum loan amount.
It also would establish a program to inform women veterans about available SBA resources and create a grant program to strengthen outreach to veterans.


