HR 4039 · 114th Congress · Taxation

Veteran Small Business Tax Credit Act of 2015

Introduced 2015-11-17· 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.(2015-11-17)

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, and (2) has not been discharged or released from the Armed Forces under dishonorable conditions.…

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

Cosponsors (7)

7 Democrats