Help Veterans Own Franchises Act

HB 2888 Help Veterans Own Franchises Act

US Congress 112th Congress

Help Veterans Own Franchises Act
HB-2888


About HB-2888

Help Veterans Own Franchises Act - Amends the Internal Revenue Code to allow a business-related tax credit for 25% of a qualified franchise fee of up to $400,000 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.

  

Bill Texts

Introduced 09/16/2011

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History

Referred To The House Committee On Ways And Means.

09/12/2011