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H.R. 2888 112th Congress House

Help Veterans Own Franchises Act

Official title: To amend the Internal Revenue Code of 1986 to allow credits for the establishment of franchises with veterans.

Introduced: October 24, 2011 See on congress.gov
Taxation Government information and archivesIncome tax creditsRetail and wholesale tradesSmall business
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User charges and feesVeterans' education, employment, rehabilitation
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 12, 2011
Referred to the House Committee on Ways and Means.
Sep 12, 2011
Introduced in House
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 Latest action September 12, 2011

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Help Veterans Own Franchises Act - Amends the Internal Revenue Code to allow a business-related tax credit for 25% of a qualified franchise fee of up to $400,000 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.

 Related & companion bills 3
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 14
All 14 Democratic 2 Republican 1
Yoder, Kevin
· Apr 26, 2012
 D
Hirono, Mazie K.
Hawaii · Jan 24, 2012
GALLEGLY, ELTON
· Nov 18, 2011
Flores, Bill
· Oct 27, 2011
BRADY, ROBERT
· Oct 24, 2011
 D
Garamendi, John
California · Oct 24, 2011
JACKSON, JESSE
· Oct 14, 2011
McCotter, Thaddeus
· Oct 12, 2011
 R
Carter, John R.
Texas · Oct 11, 2011
Poe, Ted
· Oct 5, 2011
Schrader, Kurt
· Oct 3, 2011
MYRICK, SUE
· Sep 23, 2011
Hunter, Duncan
· Sep 20, 2011
BOSWELL, LEONARD
· Sep 12, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2888: Help Veterans Own Franchises Act. 112th Congress. Open America. https://openamerica.io/bill/112-HR-2888/
MLA
"H.R. 2888: Help Veterans Own Franchises Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-2888/.
Bluebook (legal)
H.R. 2888, 112th Cong. (2026), https://openamerica.io/bill/112-HR-2888/.
Markdown link
[H.R. 2888: Help Veterans Own Franchises Act](https://openamerica.io/bill/112-HR-2888/)
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