S 2100
116th Congress
Senate
Taxation
Business investment and capital
Economic development
Income tax credits
Poverty and welfare assistance
Small business
Veterans' education, employment, rehabilitation
Veterans Jobs Opportunity Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 11, 2019
Read twice and referred to the Committee on Finance.
Jul 11, 2019
Introduced in Senate
Plain-English summary
Veterans Jobs Opportunity Act
This bill 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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1