HR 2330
110th Congress
House
Taxation
Commerce
Disabled
Employment of the disabled
Income tax
Labor and Employment
Tax credits
Veterans' employment
VETS Act of 2007
Introduced: May 15, 2007
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 15, 2007
Referred to the House Committee on Ways and Means.
May 15, 2007
Introduced in House
Plain-English summary
Veterans' Employment Transition Support Act of 2007 or the VETS Act of 2007 - 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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1