H.R. 3725 · 113th Congress
Veterans Entrepreneurs Act of 2013
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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FloresSponsor26 cosponsors · 4 D, 22 R
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Coffman
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Cook
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Hanna
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Runyan
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Schneider
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Titus
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Takano
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Chabot
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Carter
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Cramer
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Fleming
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Yoder
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Murphy
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Jones
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Yoho
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Davis
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Barletta
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Gingrey7 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in House · Dec 12, 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Veterans Entrepreneurs Act of 2013
Latest action (Dec 12, 2013): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Dec 12, 2013
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.