H.R. 3195 modifies federal small business law to allow surviving children of service-disabled veterans to inherit their parents' businesses while maintaining the business's eligibility status for veteran-owned small business programs. Specifically, the bill extends a three-year grace period following a veteran's death during which a surviving child can own and control the business and still qualify for federal contracting opportunities and support services reserved for service-disabled veteran-owned companies. This benefits surviving families who inherit these businesses and want to continue operating them without losing access to special government procurement programs. The bill applies to both biological and legally adopted children and requires the business to have been registered in the Small Business Administration's database at the time of the veteran's death. No specific funding is mentioned in the legislation, as the change primarily adjusts eligibility definitions rather than creating new spending programs.