HR 424
107th Congress
House
Taxation
Armed Forces and National Security
Armed forces reserves
Business income tax
Commerce
Employment tax credits
Income tax
Labor and Employment
National Guard
Wages
To amend the Internal Revenue Code of 1986 to provide to employers a tax credit for compensation paid during the period employees are performing service as members of the Ready Reserve or the National Guard.
Introduced: February 6, 2001
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 6, 2001
Referred to the House Committee on Ways and Means.
Feb 6, 2001
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to provide employers a business tax credit (of up to $2,000 with respect to any one Ready Reserve-National Guard employee) with respect to members of the Ready Reserve or National Guard who were absent from work on active duty.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1