US HB781 | 2011-2012 | 112th Congress

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on February 17 2011 - 25% progression, died in committee
Action: 2011-02-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Veterans' Employment Transition Support Act of 2011or the VETS Act of 2011- Amends the Internal Revenue Code to allow employers a general business tax credit for hiring certain veterans certified by designated local agencies as having served on active duty (other than for training) in the Armed Forces for a period of more than 180 days or having been discharged or released from active duty for a service-connected disability. Sets the amount of such credit at 40% of the first-year wages of such veterans and increases the percentage of such credit for disabled veterans based upon their disability ratings.

Tracking Information

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Title

Veterans' Employment Transition Support Act of 2011

Sponsors


History

DateChamberAction
2011-02-17HouseReferred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


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