3.0.0 3345 2023-01-11T13:37:22Z 2023-01-11T13:37:22Z House HR 2017-07-20 115 [Congressional Record Volume 163, Number 123 (Thursday, July 20, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LAWSON of Florida:H.R. 3345.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8: To make all Laws which shall benecessary and proper for carrying into Execution theforegoing Powers, and all other Powers vested by thisConstitution in the Government of the United States, or inany Department or Officer thereof.[Page H6146]]]> hswm00 Ways and Means Committee House Standing Referred to 2017-07-20T13:04:30Z Veteran Small Business Tax Credit Act of 2017 115 2764 HR 2017-05-30 Referred to the House Committee on Ways and Means. Related bill CRS 2017-07-20 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2017-07-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-07-20 Introduced in House IntroReferral 1000 9 Library of Congress L000586 Rep. Lawson, Al, Jr. [D-FL-5] Al Lawson D FL 5 N V000081 Rep. Velazquez, Nydia M. [D-NY-7] NYDIA VELAZQUEZ D NY M. 7 2017-07-20 True H000324 Rep. Hastings, Alcee L. [D-FL-20] ALCEE HASTINGS D FL L. 20 2017-07-20 True G000581 Rep. Gonzalez, Vicente [D-TX-15] Vicente Gonzalez D TX 15 2017-07-20 True E000296 Rep. Evans, Dwight [D-PA-2] Dwight Evans D PA 2 2017-07-20 True P000604 Rep. Payne, Donald M., Jr. [D-NJ-10] Donald Payne D NJ M. 10 2017-07-20 True B001251 Rep. Butterfield, G. K. [D-NC-1] G. K. Butterfield D NC 1 2017-07-20 True B001300 Rep. Barragan, Nanette Diaz [D-CA-44] Nanette Barragan D CA Diaz 44 2017-07-20 True W000822 Rep. Watson Coleman, Bonnie [D-NJ-12] Bonnie Watson Coleman D NJ 12 2017-07-20 True B000490 Rep. Bishop, Sanford D., Jr. [D-GA-2] SANFORD BISHOP D GA D. 2 2017-07-20 True B001285 Rep. Brownley, Julia [D-CA-26] Julia Brownley D CA 26 2017-07-20 True S001170 Rep. Shea-Porter, Carol [D-NH-1] Carol Shea-Porter D NH 1 2017-07-20 True H001050 Rep. Hanabusa, Colleen [D-HI-1] Colleen Hanabusa D HI 1 2017-07-20 True E000297 Rep. Espaillat, Adriano [D-NY-13] Adriano Espaillat D NY 13 2017-07-20 True B001281 Rep. Beatty, Joyce [D-OH-3] Joyce Beatty D OH 3 2017-07-20 True A000370 Rep. Adams, Alma S. [D-NC-12] Alma Adams D NC S. 12 2017-07-20 True L000551 Rep. Lee, Barbara [D-CA-13] BARBARA LEE D CA 13 2017-07-20 True G000571 Rep. Gabbard, Tulsi [D-HI-2] Tulsi Gabbard D HI 2 2017-07-20 True P000034 Rep. Pallone, Frank, Jr. [D-NJ-6] FRANK PALLONE D NJ 6 2017-07-20 True C001067 Rep. Clarke, Yvette D. [D-NY-9] Yvette Clarke D NY D. 9 2017-07-20 True C001110 Rep. Correa, J. Luis [D-CA-46] J. Correa D CA Luis 46 2017-07-20 True T000460 Rep. Thompson, Mike [D-CA-5] MIKE THOMPSON D CA 5 2017-07-20 True S001200 Rep. Soto, Darren [D-FL-9] Darren Soto D FL 9 2017-07-20 True V000131 Rep. Veasey, Marc A. [D-TX-33] Marc Veasey D TX A. 33 2017-07-20 True G000410 Rep. Green, Gene [D-TX-29] GENE GREEN D TX 29 2017-07-24 False C001059 Rep. Costa, Jim [D-CA-16] Jim Costa D CA 16 2017-07-28 False T000472 Rep. Takano, Mark [D-CA-41] Mark Takano D CA 41 2017-07-28 False B001304 Rep. Brown, Anthony G. [D-MD-4] Anthony Brown D MD G. 4 2017-07-28 False W000808 Rep. Wilson, Frederica S. [D-FL-24] Frederica Wilson D FL S. 24 2017-09-25 False M000312 Rep. McGovern, James P. [D-MA-2] JAMES MCGOVERN D MA P. 2 2017-09-26 False D000627 Rep. Demings, Val Butler [D-FL-10] Val Demings D FL Butler 10 2017-10-04 False N000179 Rep. Napolitano, Grace F. [D-CA-32] GRACE NAPOLITANO D CA F. 32 2017-11-07 False N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2017-11-07 False S001201 Rep. Suozzi, Thomas R. [D-NY-3] Thomas Suozzi D NY R. 3 2017-11-07 False R000577 Rep. Ryan, Tim [D-OH-13] TIM RYAN D OH 13 2017-11-07 False C001072 Rep. Carson, Andre [D-IN-7] Andre Carson D IN 7 2017-11-08 False T000474 Rep. Torres, Norma J. [D-CA-35] Norma Torres D CA J. 35 2017-11-08 False G000553 Rep. Green, Al [D-TX-9] Al Green D TX 9 2017-11-08 False M001185 Rep. Maloney, Sean Patrick [D-NY-18] Sean Maloney D NY Patrick 18 2017-11-09 False R000608 Rep. Rosen, Jacky [D-NV-3] Jacklyn Rosen D NV 3 2017-11-09 False Taxation Business investment and capital Economic development Income tax credits Poverty and welfare assistance Small business Veterans' education, employment, rehabilitation Taxation 00 2017-07-20 Introduced in House 2019-01-22T16:57:57Z Veterans Jobs Opportunity Act

This bill amends the Internal Revenue Code to allow a new business-related tax credit for the start-up expenses of a veteran-owned small business in an underserved community.

The allowable amount of such credit is 15% of start-up expenditures that do not exceed $80,000. To be eligible for the credit, the small business must (1) be owned and controlled by one or more veterans or spouses of veterans, and (2) have a principal place of business in an underserved community.

An "underserved community" is any area located within: (1) a HUBZone (as defined by the Small Business Act), (2) an empowerment zone or an enterprise community, (3) an area of low income or moderate income (as recognized by the Federal Financial Institutions Examination Council), or (4) a county with persistent poverty (as classified by the Economic Research Service of the Department of Agriculture).

]]> Veterans Jobs Opportunity Act Display Title Veterans Jobs Opportunity Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to establish a small business start-up tax credit for veterans creating businesses in underserved communities. Introduced in House IH Short Titles as Introduced Veterans Jobs Opportunity Act Introduced in House 2017-07-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr3345ih/xml/BILLS-115hr3345ih.xml 2017-07-20 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.