This bill, commonly referred to as The Hire More Heroes Act, would give employers the option of whether or not veterans with other health insurance (TRICARE, DoD, or VA) would be counted in employee totals for the Affordable Care Act (ACA).
Under the ACA, "large employers" (50 or more employees) are required to provide health insurance to all employees. Small businesses, however, are not. Perhaps as importantly, the Hire More Heroes Act is now the legislative vehicle for a group of tax-extension bills commonly known as the EXPIRE Act. According to The Hill:
"The House and Senate are taking different approaches to tax policy this year. The Senate is passing shorter extensions as has been done in the past, while the House is trying to decide which tax extenders should become part of the permanent tax code."UPDATE, 5/15/14: The tax-extenders package mentioned above has now been blocked in Senate. While there is bipartisan support for the tax-extenders legislation, some senators have been unhappy about being unable to offer amendments. Some in Senate have now suggested that the tax extension bills will not be considered until after November elections. There may, however, still be a vote on the Hire More Heroes Act.