Relates to establishing the private employers veterans' preference policy act

This bill allows private companies to voluntarily create written policies that give hiring, promotion, or retention preferences to veterans over equally qualified non-veterans. It defines "private employer" as any business entity excluding government agencies and specifies which individuals qualify as veterans based on their active duty service and discharge status. The policy must be applied consistently to all employment decisions, including situations where a company reduces its workforce. The legislation does not require businesses to adopt such policies but provides a legal framework for those that choose to do so.