PUBLIC LAW 106-50—AUG. 17, 1999 113 STAT. 247 TITLE V—PROCUREMENT ASSISTANCE SEC. 501. SUBCONTRACTING. (a) STATEMENT OF POLICY. —Section 8(d)(1) of the Small Business Act (15 U.S.C. 637(d)(1)) is amended by inserting "small business concerns owned and controlled by service-disabled veterans," after "small business concerns," the first place it appears in the first and second sentences. (b) CONTRACT CLAUSE.— The contract clause specified in section 8(d)(3) of the Small Business Act (15 U.S.C. 637(d)(3)) is amended as follows: (1) Subparagraph (A) of such clause is amended by inserting "small business concerns owned and controlled by veterans," after "small business concerns," the first place it appears in the first and second sentences. (2) Subparagraphs (E) and (F) of such clause are redesignated as subparagraphs (F) and (G), respectively, and the following new subparagraph is inserted after subparagraph (D) of such clause: "(E) The term 'small business concern owned and controlled by veterans' shall mean a small business concern— "(i) which is at least 51 per centum owned by one or more eligible veterans; or, in the case of any publicly owned business, at least 51 per centiun of the stock of which is owned by one or more veterans; and "(ii) whose management and daily business operations are controlled by such veterans. The contractor shall treat as veterans all individuals who aire veterems within the meaning of the term under section 3(q) of the Small Business Act.". (3) Subparagraph (F) of such clause, as redesignated by paragraph (2) of this subsection, is amended by inserting "small business concern owned and controlled by veterans," after "small business concern," the first place it appears. (c) CONFORMING AMENDMENTS.— Section 8(d) of the Small Business Act (15 U.S.C. 637(d)) is amended by inserting "smgJl business concerns owned and controlled by vetereins," after "small business concerns," the first place it appears in each of paragraphs (4)(D), (4)(E), (6)(A), (6)(C), (6)(F), and (10)(B). SEC. 502. PARTICIPATION IN FEDERAL PROCUREMENT. (a) GOVERNMENT-WIDE PARTICIPATION GOALS.—Section 15(g)(1) of the Small Business Act (15 U.S.C. 644(g)(1)) is amended— (1) in the first sentence, by inserting "small business concerns owned and controlled by service disabled veterans," after "small business concerns," the first place it appears; (2) by inserting after the second sentence, the following: "The Government-wide goal for participation by small business concerns owned and controlled by service-disabled veterans shall be established at not less than 3 percent of the total value of all prime contract and subcontract awards for each fiscal year."; and (3) in the second to last sentence, by inserting "small business concerns owned and controlled by service-disabled veterans," after "small business concerns," the first place it appears.
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