U.S. Congress - H.R.2888 Help Veterans Own Franchises Act
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
- Official: To amend the Internal Revenue Code of 1986 to allow credits for the establishment of franchises with veterans. as introduced.
- Short: Help Veterans Own Franchises Act as introduced.
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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 BusiOfficial 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....Read the Rest
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