Louisiana officially became the 15th state to pass veteran-owned business legislation August 15 with the passing of the Louisiana Initiative for Veteran and Service-Connected Disabled Veteran-Owned Small Entrepreneurships. The Veterans Initiative establishes a policy by which the commissioner of administration will establish annual goals for veteran and service disabled veteran-owned small businesses in state procurements and public contracts. There are no specific set-asides or percentages as the goals will be reevaluated each year based on historical procurement and public contracting data. Also, the commissioner may consider the capacity of VOBs and SDVOBs available. For more information visit www.navoba.com/statetracker.
 
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