US SB2100 | 2019-2020 | 116th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on July 11 2019 - 25% progression, died in committee
Action: 2019-07-11 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allows a new business-related tax credit for 15% of the start-up expenditures, up to a maximum of $50,000 in a taxable year, of a veteran-owned small business. The business must be owned and controlled by one or more veterans or their spouses and have its principal place of business in an underserved community. The bill defines "underserved community" as any area located within a HUBZone, an empowerment zone or enterprise community, an area of low or moderate income, or a county with persistent poverty.

Tracking Information

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Title

Veterans Jobs Opportunity Act

Sponsors


History

DateChamberAction
2019-07-11SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB186 (Related) 2019-01-03 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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