US HB2764 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on May 30 2017 - 25% progression, died in committee
Action: 2017-05-30 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Veteran Small Business Tax Credit Act of 2017 This bill amends the Internal Revenue Code to allow a new business-related tax credit for the start-up expenses of a veteran-owned small business. The allowable amount of such credit is 15% of start-up expenditures that do not exceed $80,000. The credit is allowed to any individual (or the surviving spouse of such individual) who: (1) has served on active duty in the Armed Forces, and (2) has not been discharged or released from the Armed Forces under dishonorable conditions.

Tracking Information

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Title

Veteran Small Business Tax Credit Act of 2017

Sponsors


History

DateChamberAction
2017-05-30HouseReferred to the House Committee on Ways and Means.
2017-05-30HouseIntroduced in House

Same As/Similar To

HB3345 (Related) 2017-07-20 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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