HR 1298 · in committee · niche
Veterans Jobs Opportunity Act
- veterans
What this bill does
- Veteran-owned small businesses in underserved areas can claim a tax credit of 15% on start-up expenses, up to $50,000.
- The credit applies to businesses owned by veterans or veteran spouses with gross receipts under $5 million.
- Credits are available for the first two tax years of operation, with Treasury required to report on the program every four years.
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Community Threads
Started by Cosponsor
- 01
How might the $50,000 tax credit limit affect veteran entrepreneurs in high-cost regions versus rural areas?
- 02
What evidence supports that tax credits for start-up expenses will meaningfully increase veteran business formation compared to other support models?
- 03
Should the credit prioritize certain industries or geographic areas, and how would that shape which veterans benefit most?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · D-NC-1
Donald G. Davis
Citizen cosponsors
0
In Congress
1/ 435
House Reps cosponsoring
Introduced 2025-02-13
Joining the bill
Legislative timeline
2025-02-13 · house · IntroReferral
Referred to the House Committee on Ways and Means.
2025-02-13 · IntroReferral
Introduced in House
2025-02-13 · IntroReferral
Introduced in House
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