US HB2888 | 2011-2012 | 112th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on September 12 2011 - 25% progression, died in committee
Action: 2011-09-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 12 2011 - 25% progression, died in committee
Action: 2011-09-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Help Veterans Own Franchises Act - Amends the Internal Revenue Code to allow a business-related tax credit for 25% of a qualified franchise fee of up to $400,000 paid or incurred by a veteran for the purchase of a franchise. 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.
Title
Help Veterans Own Franchises Act
Sponsors
Rep. Aaron Schock [R-IL] | Rep. Leonard Boswell [D-IA] | Rep. Robert Brady [D-PA] | Rep. John Carter [R-TX] |
Rep. Bill Flores [R-TX] | Rep. Elton Gallegly [R-CA] | Rep. John Garamendi [D-CA] | Rep. Raul Grijalva [D-AZ] |
Rep. Michael Grimm [R-NY] | Rep. Richard Hanna [R-NY] | Sen. Mazie Hirono [D-HI] | Rep. Rush Holt [D-NJ] |
Rep. Duncan Hunter [R-CA] | Rep. Jesse Jackson [D-IL] | Rep. Bill Johnson [R-OH] | Rep. Walter Jones [R-NC] |
Rep. Peter King [R-NY] | Rep. Blaine Luetkemeyer [R-MO] | Rep. Thaddeus McCotter [R-MI] | Rep. Michael Michaud [D-ME] |
Rep. Sue Myrick [R-NC] | Rep. Ted Poe [R-TX] | Rep. Charles Rangel [D-NY] | Rep. Kurt Schrader [D-OR] |
Rep. Kevin Yoder [R-KS] |
History
Date | Chamber | Action |
---|---|---|
2011-09-12 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB1540 (Related) 2011-09-12 - Read twice and referred to the Committee on Finance.
HB3476 (Related) 2012-01-12 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
SB1866 (Related) 2011-11-16 - Sponsor introductory remarks on measure. (CR S7594-7596)
HB3476 (Related) 2012-01-12 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
SB1866 (Related) 2011-11-16 - Sponsor introductory remarks on measure. (CR S7594-7596)
Subjects
Government information and archives
Income tax credits
Retail and wholesale trades
Small business
Taxation
User charges and fees
Veterans' education, employment, rehabilitation
Income tax credits
Retail and wholesale trades
Small business
Taxation
User charges and fees
Veterans' education, employment, rehabilitation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/house-bill/2888/all-info |
Text | https://www.congress.gov/112/bills/hr2888/BILLS-112hr2888ih.pdf |