» New Law Helps Veteran Business Owners

New Law Helps Veteran Business Owners

Legal Help for Veterans is a law firm helping veterans get the benefits they deserve.

Northville, MI (Law Firm Newswire) March 27, 2019 - A new law signed by President Trump earlier this year will help veteran entrepreneurs start and build their businesses.

The Veterans Small Business Enhancement Act adds veterans to the list of people eligible to receive federal surplus personal property, such as office furnishings, scientific equipment and heavy machinery. Other beneficiaries of this unclaimed surplus property are female and minority business owners, as well as Veteran Service Organizations (VSOs) like the American Legion and VFW.

The legislation was introduced by Senators Tammy Duckworth, D-IL, John Kennedy, R-LA, and Dick Durbin, D-IL. It has widespread support from both parties and VSOs nationwide. According to Senator Duckworth, there are over two and a half million veteran owned businesses with more to come in the future as many of the men and women who served during the conflicts in Iraq and Afghanistan are ending their military careers and entering the private sector.

The General Services Administration distributes federal surplus personal property in partnership with the Small Business Administration and other agencies. When the federal government no longer needs the extra items it passes them along to entrepreneurs. This saves the government the cost of disposing of or keeping up the items, which can be in the millions of dollars. By using it to help small business owners instead, it stimulates the economy and creates jobs.

Lead Attorney for Legal Help for Veterans and military veteran, James G. Fausone, says “We need to do everything we can as a country to help our military service men and women succeed in their civilian lives. Allowing them to benefit from federal surplus property could really help a veteran start a business.”

Fausone himself may have been able to benefit from this new law at one point in his career. He is an experienced attorney who works with veterans to solve a variety of legal issues at Legal Help for Veterans, his firm in Northville, Michigan.

Legal Help for Veterans, PLLC
41700 West Six Mile Road, Suite 101
Northville, MI 48168
Toll Free Phone: 800.693.4800

  • Study finds brain changes for veterans with TBI and PTSD
    A new study recently published by the Journal of Head Trauma Rehabilitation found that veterans and active duty military personnel with combat-related post-traumatic stress disorder and mild traumatic brain injuries have larger amygdalae than others who only have brain injuries. The amygdala is the area of the brain associated with emotions, especially fear, anxiety, anger […]
  • Wilkie pledges increased government focus on veteran suicide prevention
    Early April, Secretary of Veterans Affairs Robert Wilkie said that the entire government was focused on reducing the rate of suicide among veterans. This statement comes in the wake of several suicides committed outside VA clinics and much turmoil within the agency. Instead of seeing suicide as a stand-alone issue, Wilkie said that the government […]
  • New tool seeks to help caregivers of vets with TBI
    Traumatic brain injury (TBI) is one of the most common injuries sustained by veterans and it can have a profound effect on their daily lives. Around 384,000 service members and veterans have suffered a TBI and a third of them are left with a disability. Some require regular care from a loved one. A new […]
  • Pentagon testing new grief support app
    Volunteers are needed to test out a new app designed to support survivors of loss within the military community through their grief. The Department of Defense is seeking study participants who could benefit from the program and provide feedback. The Stepping Forward in Grief Study is being developed by Uniformed Services University and Columbia University […]

See other news sources publishing this article. BETA |



Get headlines from Law Firm Newswire sent right to your inbox.

* indicates required