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- H.R.446
H.R.446: Veteran Entrepreneurs Act of 2019
About This Bill
- Introduced Jan. 10, 2019
- Latest Major Action Jan. 10, 2019
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
25 (16 Democrats, 9 Republicans)
Bill Version
- Introduced in House - Jan. 10, 2019
Bill Summary
Veteran Entrepreneurs Act of 2019 This bill allows 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, naval, or air service; was discharged...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Jan. 10, 2019 |
Referred to the House Committee on Ways and Means.
|
Jan. 10, 2019 |
Introduced in the House by Julia Brownley (D-Calif.) |