S. 1015 · 113th Congress

Help Veterans Own Franchises Act

Stage
In committee
Sponsor
Bob Casey
Introduced
2013-05-22
Latest action
2013-05-22 · Introduced in Senate

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.