Bill to Help Vets Start Business Passes Hurdle

A bill to allow post-9/11 vets to use their G.I. Bill benefits as collateral for business startups passed an important milestone in the Senate Wednesday with growing bipartisan support in Congress and the backing of major veteran organizations. The Veterans Entrepreneurial Transition Act sponsored by Sens. Jerry Moran, R-Kans., and Jon Tester, D-Mont., won unanimous approval from the Senate Small Business and Entrepreneurship Committee. Staff for Moran and Tester said they both would be working during the August Congressional recess to rally support for passage by the full Senate. For more details, see this Military.com article.