veteran owned small business Sec. 23. (a) A governmental body shall give a fifteen percent (15%) preference for supplies to: (1) an Indiana small business (as defined in IC 5-22-14-1); or (2) a veteran owned small business (as defined in IC 4-13-16.5-1); that submits an offer for purchase under this article. (b) The governmental body may adopt rules to establish criteria to carry out this section. As added by P.L.153-1999, SEC.4. Amended by P.L.15-2020, SEC.18.