HR 843
110th Congress
House
Taxation
Armed Forces and National Security
Armed forces reserves
Commerce
Income tax
Labor and Employment
National Guard
Tax credits
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, 2007
Introduced by:
Bilirakis, Gus M.
Republican
· Florida
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, 2007
Referred to the House Committee on Ways and Means.
Feb 6, 2007
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow employers a business tax credit for up to 50 percent of the actual compensation paid to employees who were members of the Ready Reserve or National Guard and who were absent from work to perform active duty. Limits such credit to $2,000 for any one Ready Reserve-National Guard employee.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1