US Congress House Bill 186 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 38-0)
Status: Introduced on January 3 2019 - 25% progression, died in committee
Action: 2019-01-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Allows a new business-related tax credit for the start-up expenses of a veteran-owned small business in an underserved community. The allowable amount of such credit is 15% of start-up expenditures that do not exceed $80,000. To be eligible for the credit, the small business must (1) be owned and controlled by one or more veterans or spouses of veterans, and (2) have a principal place of business in an underserved community. An "underserved community" is any area located within (1) a HUBZone (as defined by the Small Business Act), (2) an empowerment zone or an enterprise community, (3) an area of low income or moderate income (as recognized by the Federal Financial Institutions Examination Council), or (4) a county with persistent poverty (as classified by the Economic Research Service of the Department of Agriculture).

Veterans Jobs Opportunity Act

Rep. Al Lawson [D-FL]	Rep. Eleanor Norton [D-DC]	Rep. Yvette Clarke [D-NY]	Rep. Darren Soto [D-FL]
Rep. Vicente Gonzalez [D-TX]	Rep. Adriano Espaillat [D-NY]	Rep. Tim Ryan [D-OH]	Rep. Sheila Jackson-Lee [D-TX]
Rep. Grace Napolitano [D-CA]	Rep. Donald Payne [D-NJ]	Rep. Frank Pallone [D-NJ]	Rep. Sanford Bishop [D-GA]
Rep. James McGovern [D-MA]	Rep. Lucille Roybal-Allard [D-CA]	Rep. Alcee Hastings [D-FL]	Rep. Frederica Wilson [D-FL]
Rep. Albio Sires [D-NJ]	Rep. Debbie Wasserman Schultz [D-FL]	Rep. Ruben Gallego [D-AZ]	Rep. Julia Brownley [D-CA]
Rep. Steve Cohen [D-TN]	Rep. Elissa Slotkin [D-MI]	Rep. Sean Maloney [D-NY]	Rep. Janice Schakowsky [D-IL]
Rep. Tony Cardenas [D-CA]	Rep. Ann Kuster [D-NH]	Rep. Tulsi Gabbard [D-HI]	Rep. Kathy Castor [D-FL]
Rep. Raja Krishnamoorthi [D-IL]	Rep. Henry Johnson [D-GA]	Rep. Conor Lamb [D-PA]	Sen. Andy Kim [D-NJ]
Rep. Bobby Rush [D-IL]	Rep. G. Butterfield [D-NC]	Rep. Donald Norcross [D-NJ]	Rep. Anthony Brown [D-MD]
Rep. Luis Correa [D-CA]	Rep. Lauren Underwood [D-IL]

Date	Chamber	Action
2019-01-03	House	Referred to the House Committee on Ways and Means.
2019-01-03	House	Introduced in House

SB2100 (Related) 2019-07-11 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/186/all-info
Text	https://www.congress.gov/116/bills/hr186/BILLS-116hr186ih.pdf