New Law Helps Veteran Business Owners | Law Firm Newswire

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

  • Iraq and Afghanistan War veterans face many challenges besides readjustment
    For servicemen and women who have returned from the wars in Afghanistan and Iraq, certain experiences during deployment have been found to have lasting, and somewhat unique, health consequences. These veterans experience post-traumatic stress disorder (PTSD), depression, substance abuse and other emotional issues at a high rate, and their physical health suffers as a result. […]
  • VA Changes Policies Regarding Display of Religious Symbols
    Department of Veterans Affairs Secretary Robert Wilkie changed the rules regarding the display of religious symbols and materials at VA facilities. The new policies will allow religious content to be displayed publicly within VA hospitals and other facilities, where and when appropriate, effective July 3. These areas may include lobbies, entrances, exits, security stations, nurses’ […]
  • Proposed program to give active duty service members with reproductive benefits
    Under the newly proposed, fiscal year 2020, defense policy bill is a program that would let active duty military personnel freeze their eggs or sperm prior to being deployed and give new mothers a standard one-year deployment deferment after having a baby. The program would provide gamete preservation and storage services for service members who […]
  • New study finds link between TBI and dementia
    A new study has found that experiencing a traumatic brain injury (TBI) more than doubles the risk for developing dementia later in life for veterans. The federally funded research sought to better understand how TBI affects veterans in the long term. A connection between even mild TBIs and increased dementia risk was apparent. There was […]

See other news sources publishing this article. BETA |



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

* indicates required