# 114-hr-3950: Veteran Small Business Tax Credit Act of 2015

114-hr-3950, Veteran Small Business Tax Credit Act of 2015, is a 114th Congress bill sponsored by Rep. Adams, Alma S. [D-NC-12] (D-NC); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3950
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3950
- Congress: 114
- Title: Veteran Small Business Tax Credit Act of 2015
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-11-05
- Sponsor: Rep. Adams, Alma S. [D-NC-12] (D-NC)
- Cosponsors: 6
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Veteran Small Business Tax Credit Act of 2015 This bill allows a new business-related tax credit for the start-up expenses of a veteran-owned small business. The allowable amount of such credit is 15% of start-up expenditures that do not exceed $80,000. The credit is allowed to any individual (or the surviving spouse of such individual) who: (1) has served on active duty in the U.S. Armed Forces, (2) was stationed outside the United States, and (3) was not discharged or released under dishonorable conditions.

## Cosponsors (6)

- Rep. Takai, Mark [D-HI-1] (D-HI), 2015-11-05T00:00:00.000Z
- Rep. Kelly, Robin L. [D-IL-2] (D-IL), 2015-11-05T00:00:00.000Z
- Rep. Lawrence, Brenda L. [D-MI-14] (D-MI), 2015-11-05T00:00:00.000Z
- Rep. Velázquez, Nydia M. [D-NY-7] (D-NY), 2015-11-05T00:00:00.000Z
- Rep. Payne, Donald M., Jr. [D-NJ-10] (D-NJ), 2015-11-05T00:00:00.000Z
- Rep. Chu, Judy [D-CA-28] (D-CA), 2015-11-05T00:00:00.000Z

## Related bills

- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 114-hr-4479: Families of Flint Act
- 114-hr-4475: Youth Access to Sexual Health Services Act of 2016
- 114-hr-4269: Assault Weapons Ban of 2015
- 114-hr-4039: Veteran Small Business Tax Credit Act of 2015

## Sources
- [114-hr-3950 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3950)

## Related
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [114-hr-4479: Families of Flint Act](https://policyrisk.com/legislation/114-hr-4479)
- [114-hr-4475: Youth Access to Sexual Health Services Act of 2016](https://policyrisk.com/legislation/114-hr-4475)
- [114-hr-4269: Assault Weapons Ban of 2015](https://policyrisk.com/legislation/114-hr-4269)
- [114-hr-4039: Veteran Small Business Tax Credit Act of 2015](https://policyrisk.com/legislation/114-hr-4039)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3950 (as of 2025-11-18).