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| VA | RIN: 2900-AM78 | Publication ID: Spring 2011 |
| Title: VA Veteran-Owned Small Business Verification Guidelines | |
| Abstract: The Department of Veterans Affairs (VA) affirms as final, with changes, a final rule with request for comments that implemented portions of the Veterans Benefits, Health Care, and Information Technology Act of 2006. This law requires the VA to verify ownership and control of veteran-owned small businesses, including service-disabled veteran-owned small businesses. This final rule rescinds the requirement that eligible owners work full-time in the business for which they have applied for acceptance in the Verification Program and that limits participants to a single business. It formally changes the time period for issuance of reconsideration decisions from 30 to 60 days and changes the distribution of profits for limited liability companies and employee stock ownership plans. | |
| Agency: Department of Veterans Affairs(VA) | Priority: Other Significant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 38 CFR 1.996 48 CFR ch 8 13 CFR 107 13 CFR 121 (To search for a specific CFR, visit the Code of Federal Regulations.) | |
| Legal Authority: 38 USC 501a 44 USC 3501 to 3521 2 USC 1532 5 USC 553(d)(3) 15 USC 644(g) ... | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
| Public Comment URL: www.Regulations.gov | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Gail L. Wegner Deputy Director Department of Veterans Affairs 810 Vermont Avenue NW, Washington, DC 20420 Phone:202 303-3260 Email: gail.wegner@va.gov |
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