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]
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.
Title
Veterans' Employment Transition Support Act of 2011
Sponsors
| Rep. Thaddeus McCotter [R-MI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-02-17 | House | Referred to the House Committee on Ways and Means. |
Subjects
Disability and paralysis
Employee hiring
Income tax credits
Taxation
Veterans' education, employment, rehabilitation
Employee hiring
Income tax credits
Taxation
Veterans' education, employment, rehabilitation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/781/all-info |
| Text | https://www.congress.gov/112/bills/hr781/BILLS-112hr781ih.pdf |
