The paragraph you cite above is the paragraph that is required for contracts and purchase orders under the revised veteran and disability regulations. When we talk about "tag lines", usually we're referring to the line that goes on a job advertisement that indicates the company is an equal opportunity employer. The paragraph you note should not be used on a job advertisement.
You can use this OFCCP audit checklist to ensure you're doing what is required to maintain OFCCP's regulations including VEVRAA, Section 503, and EO 11246. Or request a demo to streamline your compliance and recruiting efforts.