HR 5079
108th Congress
House
Taxation
Armed Forces and National Security
Armed forces reserves
Commerce
Cost of living adjustments
Economics and Public Finance
Income tax
Indexing (Economic policy)
Labor and Employment
Tax credits
Reservists' Employment Act of 2004
Introduced: September 15, 2004
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 15, 2004
Introduced in House
Sep 15, 2004
Referred to the House Committee on Ways and Means.
Sep 15, 2004
Sponsor introductory remarks on measure. (CR E1634)
Plain-English summary
Reservists' Employment Act of 2004 - Amends the Internal Revenue Code to allow employers a business tax credit for employing a military reservist as a full time employee for a three-year period. Sets the amount of such credit at $1,000 and allows the credit to be taken in the taxable year in which the military reservist's three-year employment period ends. Allows an inflation adjustment to the credit amount after 2005.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1