Home > Legislation > 112th Congress > S.1540

S.1540 - Help Veterans Own Franchises Act112th Congress (2011-2012)

Bill

Hide Overview
Sponsor: Sen. Casey, Robert P., Jr. [D-PA] (Introduced 09/12/2011)
Committees: Senate - Finance
Latest Action: Senate - 09/12/2011 Read twice and referred to the Committee on Finance.  (All Actions)

Tracker:

This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced

More on This Bill

  • CBO Cost Estimates [0]

Subject — Policy Area:

Summary: S.1540 — 112th Congress (2011-2012)All Information (Except Text)

There is one summary for S.1540. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (09/12/2011)

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.