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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
7/19/2012--Introduced. Veterans Small Business Protection Act of 2012 - Treats a small business acquired by the surviving spouse or dependent from a member of the Armed Forces killed during active duty as a small business owned and controlled by a service-disabled veteran, for purposes of Department of Veterans Affairs (VA) small business contracting goals and preferences. Continues such treatment for the period beginning on the date of the member's death and ending on the earlier of: (1) the date on which the surviving spouse remarries or relinquishes such ownership interest or ten years after the member's death, or (2) the date on which the surviving dependent relinquishes such ownership interest or ten years after the member's death.