US HB3950 | 2015-2016 | 114th Congress

Status

Sponsorship: Partisan Bill (Democrat 7)
Status: Introduced on November 5 2015 - 25% progression, died in committee
Action: 2015-11-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Veteran Small Business Tax Credit Act of 2015 This bill allows a new business-related tax credit for the start-up expenses of a veteran-owned small business. The allowable amount of such credit is 15% of start-up expenditures that do not exceed $80,000. The credit is allowed to any individual (or the surviving spouse of such individual) who: (1) has served on active duty in the U.S. Armed Forces, (2) was stationed outside the United States, and (3) was not discharged or released under dishonorable conditions.

Tracking Information

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Title

Veteran Small Business Tax Credit Act of 2015

Sponsors


History

DateChamberAction
2015-11-05HouseReferred to the House Committee on Ways and Means.
2015-11-05HouseIntroduced in House

Same As/Similar To

HB4039 (Related) 2015-11-17 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


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