H.R.2888 - Help Veterans Own Franchises Act

To amend the Internal Revenue Code of 1986 to allow credits for the establishment of franchises with veterans. view all titles (2)

All Bill Titles

  • Short: Help Veterans Own Franchises Act as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to allow credits for the establishment of franchises with veterans. as introduced.

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Bill's Views

  • Today: 2
  • Past Seven Days: 11
  • All-Time: 659
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
09/11/11
 
 
 
 
 
 
 

Sponsor

Representative

Aaron Schock

R-IL

View Co-Sponsors (23)

Official Summary

9/12/2011--Introduced.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 Busi

Official Summary

9/12/2011--Introduced.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.

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Recent News Coverage

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09/20/11
Schock Introduces Jobs Bill Aimed at Helping Veterans

The Help Veterans Own Franchises Act, HR 2888, helps a veteran reduce the cost of owning a franchise by offering a tax discount to offset the associated franchise fees. “There are close to 900000 unemployed veterans in the United States. ...

Source: The State Column
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09/15/11
SCHOCK INTRODUCES JOBS BILL AIMED AT HELPING VETERANS

The Help Veterans Own Franchises Act, HR 2888, helps a veteran reduce the cost of owning a franchise by offering a tax discount to offset the associated franchise fees. “There are close to 900000 unemployed veterans in the United States. ...

Source: Decatur Tribune
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09/13/11
Rep. Schock Introduces Bill to Allow Credits for Franchise Establishment With ...

Aaron Schock, R-Ill., has introduced legislation (HR 2888) to amend the Internal Revenue Code of 1986 to "allow credits for the establishment of franchises with veterans." The bill was introduced on Sept. 12 and is co-sponsored by Rep. ...

Source: Targeted News Service (subscription)
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Recent Blog Coverage

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04/25/12
Pahrump Military Retiree and Veterans Council: Survivors Benefits ...

Sponsor: Sen Casey, Robert P., Jr. [PA] (introduced 9/12/2011) Cosponsors (2) Related Bills: H.R.2888. Committees: Senate Finance Latest Major Action: 9/12/2011 Referred to Senate committee. Status: Read twice and ...

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04/25/12
Pahrump Military Retiree and Veterans Council: Survivors Benefits ...

Sponsor: Sen Casey, Robert P., Jr. [PA] (introduced 9/12/2011) Cosponsors (2) Related Bills: H.R.2888. Committees: Senate Finance Latest Major Action: 9/12/2011 Referred to Senate committee. Status: Read twice and ...

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04/25/12
Pahrump Military Retiree and Veterans Council: Survivors Benefits ...

Sponsor: Sen Casey, Robert P., Jr. [PA] (introduced 9/12/2011) Cosponsors (2) Related Bills: H.R.2888. Committees: Senate Finance Latest Major Action: 9/12/2011 Referred to Senate committee. Status: Read twice and ...

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