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HR 5250 116th Congress House Taxation Appropriations Disability and paralysis Employee hiring Employment taxes Government trust funds Income tax credits Veterans' education, employment, rehabilitation

Veterans Back to Work Act of 2019

Introduced: November 21, 2019 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 11, 2019
Sponsor introductory remarks on measure. (CR H10028)
Nov 21, 2019
Referred to the House Committee on Ways and Means.
Nov 21, 2019
Introduced in House
 Plain-English summary Congressional Research Service

Veterans Back to Work Act of 2019

This bill amends the Internal Revenue Code to (1) make permanent the work opportunity tax credit for hiring qualified veterans (veterans receiving compensation for a service-connected disability and other federal assistance); and (2) allow employers who hire qualified veterans to elect to claim the tax credit as an exemption from employment and railroad retirement taxes for such veterans' first-year wages, subject to specified limitations.

The bill appropriates amounts to the Social Security trust funds and the Social Security Equivalent Benefit Account to cover any revenue loss to such funds resulting from this bill.

What's happening now December 11, 2019

Sponsor introductory remarks on measure. (CR H10028)

 Committees of jurisdiction 1