US HB3725 | 2013-2014 | 113th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 23-4)
Status: Introduced on December 12 2013 - 25% progression, died in committee
Action: 2013-12-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Veterans Entrepreneurs Act of 2013 - Amends the Internal Revenue Code to allow a business-related tax credit of up to $400,000 for 25% of the franchise fees paid or incurred by a veteran for the purchase of a franchise. Reduces the amount of such credit if the veteran does not own 100% of the stock or capital or profits interest of the franchisee. Directs the Administrator of the Small Business Administration (SBA) and the Secretary of Veterans Affairs (VA) to provide information about the tax credit allowed by this Act to veterans service organizations and veteran advocacy groups.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Veterans Entrepreneurs Act of 2013

Sponsors


History

DateChamberAction
2013-12-12HouseReferred to the House Committee on Ways and Means.

Same As/Similar To

SB1015 (Related) 2013-05-22 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

feedback