Brownley and Walorski Introduce Bipartisan Bill to Help More Veterans Become Entrepreneurs

Today, Representatives Julia Brownley (D-CA) and Jackie Walorski (R-IN) introduced the Veteran Entrepreneurs Act, legislation to help veterans achieve the American Dream by reducing barriers often in the way of starting a small business. The bill lowers up-front costs for veterans opening a franchise — a good option for first-time small business owners because of the built-in support — by cutting red tape and creating a tax credit to cover 25 percent of initial franchisee fees.