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H.R. 2888

BillFederalHouseIn Committee
Help Veterans Own Franchises Act
About This Bill
Committee
Latest Action · September 12, 2011
Referred to the House Committee on Ways and Means.
Congress
112th (2011–2013)
Introduced
September 12, 2011
Cosponsors (24)
10D 14R
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Summary

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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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