[Congressional Record Volume 169, Number 88 (Wednesday, May 24, 2023)]
[House]
[Page H2588]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       INVESTING IN OUR VETERANS

  (Mr. DAVIS of North Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. DAVIS of North Carolina. Mr. Speaker, I represent nearly 50,000 
veterans across North Carolina's First Congressional District. North 
Carolina ranks 10th in the Nation for veteran-owned small businesses.
  During Small Business Week, I introduced a bipartisan package of 
veterans' legislation to repay our veterans for their sacrifice and 
selfless service.
  The first, the Veterans Jobs Opportunity Act, introduced with 
Congressman Zach Nunn of Iowa, provides veterans starting small 
businesses with a 15 percent tax credit on the first $50,000 of startup 
costs.
  The second, the Coast Guard Combat-Injured Tax Fairness Act, 
introduced with Congressman   Don Bacon of Nebraska, closes a loophole 
in an existing law that failed to provide Coast Guard servicemembers 
with the same tax benefits afforded to others.
  Investing in our brave veterans while helping the communities that 
need it most should be our highest priority.

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