H.R. 7534 is a federal bill introduced February 12, 2026, by Representative Randy Fine and others. It would change the Small Business Act to set a goal that at least 5% of all federal contract and subcontract dollars each year go to veteran-owned small businesses. It also makes it easier for contracting officers to award contracts directly to veteran-owned firms. The bill was referred to the House Committee on Small Business.
Federal contracts affect local businesses and jobs. If Houston veteran-owned small businesses compete for federal work, this rule could change how much of that money they can access.