Bills
H.R.4473

H.R.4473: Veteran Entrepreneurs Act of 2017

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Introduced Nov. 28, 2017
Latest Major Action Nov. 28, 2017
See the three similar bills introduced in other congresses.

Bill Sponsor

Claudia Tenney (R-N.Y.)

Bill Cosponsors

33 (19 Democrats, 14 Republicans)

Julia Brownley (D-Calif.)
Joseph Crowley (D-N.Y.)
Steven J. Chabot (R-Ohio)
J. Luis Correa (D-Calif.)
Dina Titus (D-Nev.)
Jimmy Panetta (D-Calif.)
David McKinley (R-W.Va.)
Robert J. Wittman (R-Va.)
Kevin Yoder (R-Kan.)
Amata Coleman Radewagen (R-American Samoa)
Scott Peters (D-Calif.)
Bradley Byrne (R-Ala.)
Derek Kilmer (D-Wash.)
Martha McSally (R-Ariz.)
Ann McLane Kuster (D-N.H.)
Suzanne Bonamici (D-Ore.)
Paul Cook (R-Calif.)
Nanette Barragán (D-Calif.)
Elizabeth Esty (D-Conn.)
Peter A. DeFazio (D-Ore.)
Trent Kelly (R-Miss.)
Walter B. Jones (R-N.C.)
Vicente Gonzalez (D-Texas)
John Katko (R-N.Y.)
Barbara Comstock (R-Va.)
Ruben Gallego (D-Ariz.)
Tom O'Halleran (D-Ariz.)
Mike Thompson (D-Calif.)
Zoe Lofgren (D-Calif.)
Ralph Norman (R-S.C.)
Bruce Poliquin (R-Maine)
Jared Polis (D-Colo.)
Seth Moulton (D-Mass.)

Bill Version

Introduced in House - Nov. 28, 2017

Bill Summary

Veteran Entrepreneurs Act of 2017 This bill 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 an eligible veteran for the purchase of a franchise. The bill reduces the amount of such credit if the veteran does not own 100% of the stock or capital or profits interest of the franchisee. An "eligible veteran" is a person who served in the active military,...

(Source: Library of Congress)

Bill Actions

Date	Description
Nov. 28, 2017	Referred to the House Committee on Ways and Means.
Nov. 28, 2017	Introduced in the House by Claudia Tenney (R-N.Y.)

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Bill Summary

Introduced in the House by Claudia Tenney (R-N.Y.)