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HR 1635 109th Congress House Taxation Armed Forces and National Security Commerce Disabled Employment of the disabled Income tax Iraq compilation Labor and Employment Tax credits Veterans' employment Wages

VETS Act of 2005

Introduced: April 14, 2005 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 14, 2005
Referred to the House Committee on Ways and Means.
Apr 14, 2005
Introduced in House
 Plain-English summary Congressional Research Service

Veterans' Employment Transition Support Act of 2005 or the VETS Act of 2005 - Amends the Internal Revenue Code to allow employers a general business tax credit for hiring veterans who served in a combat zone or a hazardous duty area and were honorably discharged from active duty. Sets the amount of such credit at 40 percent of the first-year wages of such veterans and increases the percentage of such credit for disabled veterans based upon their disability ratings.

What's happening now April 14, 2005

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1