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.
What is House Bill H.R. 3648?
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.
Hire A Hero Act of 2013
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.
- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedDecember 4th, 2013
- house Committees