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Congressman Davis Celebrates Veterans with New Tax Credit

2/16/2025

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Summary

Story summary

Congressman Don Davis celebrated Bus Driver Appreciation Week at a Kinston school.
He introduced the bipartisan “Veterans Jobs Opportunity Act” to assist veteran entrepreneurs.
The bill provides a 15% tax credit on the first $50,000 invested in veteran-owned businesses.
North Carolina has over 80,000 veteran-owned businesses facing financial hurdles.
This initiative seeks to boost economic growth in Eastern Carolina.

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Story summary

Congressman Don Davis celebrated Bus Driver Appreciation Week at a Kinston school.
He introduced the bipartisan “Veterans Jobs Opportunity Act” to assist veteran entrepreneurs.
The bill provides a 15% tax credit on the first $50,000 invested in veteran-owned businesses.
North Carolina has over 80,000 veteran-owned businesses facing financial hurdles.
This initiative seeks to boost economic growth in Eastern Carolina.