Indiana § 4-13-16.5-1.5 Veteran owned small business concern; eligibility

Indiana Statutes

§ 4-13-16.5-1.5 — Veteran owned small business concern; eligibility

Indiana § 4-13-16.5-1.5

Art. 13ADMINISTRATIVE MANAGEMENT OF STATE

Ch. 16.5Governor's Commission on Supplier Diversity

This text of Indiana § 4-13-16.5-1.5 (Veteran owned small business concern; eligibility) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 4-13-16.5-1.5 (2026).

Text

5.

(a)A business qualifies as a small business for purposes of this section if the business is an Indiana small business concern owned and controlled by veterans, as defined in 15 U.S.C. 632(q)(3) as in effect January 1, 2013, or is an Indiana small business owned and operated by veterans and the business:

(1)has:

(A)a current verification as a veteran owned small business concern under 38 CFR 74 et seq. by the Center of Veterans Enterprise of the United States Department of Veterans Affairs; or

(B)a current certification as a veteran owned small business by the department;

(2)is owned and controlled by one (1) or more veterans or, in the case of a corporation, has at least fifty-one percent (51%) of the corporation's stock owned by one (1) or more veterans; and

(3)has its principal

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5. (a) A business qualifies as a small
business for purposes of this section if the business is an Indiana small
business concern owned and controlled by veterans, as defined in 15
U.S.C. 632(q)(3) as in effect January 1, 2013, or is an Indiana small
business owned and operated by veterans and the business:
(1) has:
(A) a current verification as a veteran owned small business
concern under 38 CFR 74 et seq. by the Center of Veterans
Enterprise of the United States Department of Veterans Affairs;
or
(B) a current certification as a veteran owned small business by
the department;
(2) is owned and controlled by one (1) or more veterans or, in the
case of a corporation, has at least fifty-one percent (51%) of the
corporation's stock owned by one (1) or more veterans; and
(3) has its principal place of business located in Indiana.
(b) The Indiana economic development corporation may assist the
department in doing any of the following:
(1) Compiling and maintaining a comprehensive list of veteran
owned small businesses.
(2) Assisting veteran owned small businesses in complying with
the procedures for bidding on state contracts.
(3) Examining requests from the department for the purchase of
supplies or services to help determine which purchases may be
consistent with the goal described in section 3.5 of this chapter.
(4) Simplifying specifications and contract terms to increase the
opportunities for veteran owned small businesses to participate in
state contracts.
(c) The Indiana economic development corporation, in consultation
with the department, may develop programs to encourage cities,
counties, towns, townships, and private businesses to adopt the goal for
contracts with veteran owned small businesses described in section 3.5
of this chapter.
(d) For purposes of this chapter, information submitted by an
applicant for certification as a veteran owned small business that
contains:
(1) personal financial information; or
(2) confidential business information;
is confidential.
(e) For purposes of this chapter, the following forms submitted by
an applicant for certification as a veteran owned small business are
confidential:
(1) DD 214 (as defined in IC 10-17-15-1).
(2) NGB-22.
(3) All forms submitted to verify current military or naval service
status.