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house Bill H.R. 3648

Making Tax Credits for Hiring Veterans Permanent (House Bill)

Argument in favor

Expands a successful program that has helped more than 50,000 veterans find work.

Argument opposed

Tax breaks for big business, wrapped in camo and an American flag.

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      Committee on Ways and Means
    IntroducedDecember 4th, 2013

What is House Bill H.R. 3648?

This bill deals with a tax credit for hiring certain veterans. Currently, businesses that hire recently returned, unemployed, or disabled veterans are eligible to receive tax credits ranging from $2400 to $9600, with no ceiling on how many veterans a business may employ. This bill would make such a tax credit permanent while at the same time adding members of the Ready Reserve and National Guard to the list of qualifying veterans. 

Impact

This bill impacts members of the Armed Forces and businesses that both currently and might potentially employ them.

Cost of House Bill H.R. 3648

A CBO cost is currently unavailable.

AKA

Hire A Hero Act of 2013

Official Title

To amend the Internal Revenue Code of 1986 to allow the work opportunity credit to small businesses which hire individuals who are members of the Ready Reserve or National Guard, and for other purposes.

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