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- H.R.2888
H.R.2888: Help Veterans Own Franchises Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced Sept. 12, 2011
- Latest Major Action Sept. 12, 2011
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
24 (10 Democrats, 14 Republicans)
Bill Summary
Help Veterans Own Franchises Act - Amends the Internal Revenue Code to allow a business-related tax credit for 25% of a qualified franchise fee of up to $400,000 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...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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Sept. 12, 2011 |
Introduced in the House by Aaron Schock (R-Ill.) |