To amend title 38, United States Code, to improve the Department of Veterans Affairs contracting goals and preferences for small business concerns owned and controlled by veterans.

Requires (under current law, allows) a contracting officer of the Department of Veterans Affairs (VA) award a contract to a small business concern owned and controlled by veterans using other than competitive procedures (often referred to as a sole source contract) in specified circumstances.

Prohibits using ownership and control by a veteran or veterans of more than one small business as grounds for disqualification from inclusion in an existing database of veteran-owned businesses.