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H.R. 3725

Veterans Entrepreneurs Act of 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.

Referred to the House Committee on Ways and Means.

Rep. Flores, Bill [R-TX-17](R-TX)Sponsor
26 cosponsors4 D22 R
26cosponsors1committees3actions1related bills6subjects
  • Introduced in HouseDec 12, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Veterans Entrepreneurs Act of 2013 — Informed