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<BillSummaries>
<item congress="113" measure-type="hr" measure-number="3725" measure-id="id113hr3725" originChamber="HOUSE" orig-publish-date="2013-12-12" update-date="2014-01-03">
<title>Veterans Entrepreneurs Act of 2013</title>
<summary summary-id="id113hr3725v00" currentChamber="HOUSE" update-date="2014-01-03">
<action-date>2013-12-12</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p>Veterans Entrepreneurs Act of 2013 - Amends the Internal Revenue Code to allow a business-related tax credit&nbsp;of up to $400,000 for 25% of the&nbsp;franchise fees paid or incurred by a veteran&nbsp;for the purchase of a franchise. Reduces the amount of such credit if the veteran does not own 100% of the stock or capital or profits interest of the franchisee.</p> <p>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.</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>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.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries 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.</dc:description>
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