HR 3950 · 114th Congress · Taxation

Veteran Small Business Tax Credit Act of 2015

Introduced 2015-11-05· Sponsored by Rep. Adams, Alma S. [D-NC-12]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2015-11-05)

Plain Language Summary

[AI summary unavailable — showing source text] Veteran Small Business Tax Credit Act of 2015 This bill allows a new business-related tax credit for the start-up expenses of a veteran-owned small business. The allowable amount of such credit is 15% of start-up expenditures that do not exceed $80,000. The credit is allowed to any individual (or the surviving spouse of such individual) who: (1) has served on active duty in the U.S. Armed Forces, (2) was stationed outside the United States, and (3) was not discharged or released under dishonorable conditions.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (6)

6 Democrats