US SB1540 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on September 12 2011 - 25% progression, died in committee
Action: 2011-09-12 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 12 2011 - 25% progression, died in committee
Action: 2011-09-12 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Help Veterans Own Franchises Act - Amends the Internal Revenue Code to allow a business-related tax credit of up to $100,000 for 25% of the franchise fees paid or incurred by a veteran for the purchase of a franchise. 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.
Title
Help Veterans Own Franchises Act
Sponsors
| Sen. Robert Casey [D-PA] | Sen. Mark Begich [D-AK] | Sen. Christopher Coons [D-DE] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-09-12 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2888 (Related) 2011-09-12 - Referred to the House Committee on Ways and Means.
HB3177 (Related) 2011-10-13 - Referred to the House Committee on Ways and Means.
HB3476 (Related) 2012-01-12 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
SB1866 (Related) 2011-11-16 - Sponsor introductory remarks on measure. (CR S7594-7596)
HB3177 (Related) 2011-10-13 - Referred to the House Committee on Ways and Means.
HB3476 (Related) 2012-01-12 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
SB1866 (Related) 2011-11-16 - Sponsor introductory remarks on measure. (CR S7594-7596)
Subjects
Government information and archives
Income tax credits
Retail and wholesale trades
Small business
Taxation
User charges and fees
Veterans' education, employment, rehabilitation
Income tax credits
Retail and wholesale trades
Small business
Taxation
User charges and fees
Veterans' education, employment, rehabilitation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/1540/all-info |
| Text | https://www.congress.gov/112/bills/s1540/BILLS-112s1540is.pdf |
