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S 1178 117th Congress Senate Taxation Business expenses Employment taxes Income tax credits Military personnel and dependents National Guard and reserves Wages and earnings

RECRUIT Act of 2021

Introduced: April 15, 2021 Introduced by: Duckworth, Tammy Democratic · Illinois 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 15, 2021
Read twice and referred to the Committee on Finance.
Apr 15, 2021
Introduced in Senate
 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 April 15, 2021

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1