Veterans Entrepreneurs Act of 2013
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Dec 12, 2013)
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.
What just happenedDec 12, 2013
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseDec 12, 2013
- Dec 12, 2013IntroReferralH11100
Referred to the House Committee on Ways and Means.
- Dec 12, 2013IntroReferralIntro-H
Introduced in House
- Dec 12, 2013IntroReferral1000
Introduced in House