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- S.1540
S.1540: 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 one similar bills introduced in other congresses.
Bill Sponsor
Bill 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...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| Sept. 12, 2011 |
Introduced in the Senate by Bob Casey (D-Pa.) |