US Congress House Bill 4039 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on November 17 2015 - 25% progression, died in committee
Action: 2015-11-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

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, and (2) has not been discharged or released from the Armed Forces under dishonorable conditions.

Veteran Small Business Tax Credit Act of 2015

Rep. Alma Adams [D-NC]	Rep. Judy Chu [D-CA]	Rep. Robin Kelly [D-IL]	Rep. Brenda Lawrence [D-MI]
Rep. Donald Payne [D-NJ]	Rep. Mark Takai [D-HI]	Rep. Nydia Velazquez [D-NY]	Rep. Grace Meng [D-NY]

Date	Chamber	Action
2015-11-17	House	Referred to the House Committee on Ways and Means.
2015-11-17	House	Introduced in House

HB3950 (Related) 2015-11-05 - Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/4039/all-info
Text	https://www.congress.gov/114/bills/hr4039/BILLS-114hr4039ih.pdf