US SB1015 | 2013-2014 | 113th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on May 22 2013 - 25% progression, died in committee
Action: 2013-05-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 22 2013 - 25% progression, died in committee
Action: 2013-05-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance 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 of up to $100,000 for 25% of the franchise fees 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
| Sen. Robert Casey [D-PA] | Sen. Mary Landrieu [D-LA] | Sen. Marco Rubio [R-FL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-05-22 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3725 (Related) 2013-12-12 - Referred to the House Committee on Ways and Means.
Subjects
Business investment and capital
Government information and archives
Income tax credits
Small business
Taxation
Veterans' education, employment, rehabilitation
Government information and archives
Income tax credits
Small business
Taxation
Veterans' education, employment, rehabilitation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/senate-bill/1015/all-info |
| Text | https://www.congress.gov/113/bills/s1015/BILLS-113s1015is.pdf |
