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HR 1854 117th Congress House Taxation Business expenses Employment taxes Income tax credits Military personnel and dependents National Guard and reserves Wages and earnings

RECRUIT Act of 2021

Introduced: March 11, 2021 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 11, 2021
Referred to the House Committee on Ways and Means.
Mar 11, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Reserve Employers Comprehensive Relief and Uniform Incentives on Taxes Act of 2021 or the RECRUIT Act of 2021

This bill allows employers with less than 500 employees a new tax credit for 40% of the wages paid to a member of the National Guard or a reserve component of the Armed Forces. The employer may elect to claim a payroll tax credit for wages paid to such service members.

What's happening now March 11, 2021

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1