# State Finance and Procurement (GSF)

## Title 14. Preferences

### Subtitle 6. Veteran-Owned Small Business Enterprise Participation

#### Section 14-601

(a) In this subtitle the following words have the meanings indicated.

(b) "Veteran" means an individual who is verified to be a veteran, as defined in Sec. 9-901 of the State Government Article.

(c) "Veteran-owned small business enterprise" means a for-profit business that:

  (1) meets the size standards adopted by the United States Small Business Administration in 13 C.F.R. 121.201 and any subsequent revision of that regulation; and

  (2) is at least 51% owned by one or more individuals who:

    (i) are veterans; and

    (ii) control the management and daily operations of the business.

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Md. Code Ann., State Fin. & Proc. (as displayed at mgaleg.maryland.gov, October 16, 2026)