HR 1554 118th Congress House Taxation

INVEST Act

Introduced: March 10, 2023 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 10, 2023

Referred to the House Committee on Ways and Means.

Mar 10, 2023

Introduced in House

Plain-English summary Congressional Research Service

Incentives for our Nation's Veterans in Energy Sustainability Technologies or the INVEST Act

This bill allows the work opportunity tax credit to be used for the hiring of a specified veteran who works in a field of renewable energy. A specified veteran means any veteran who is certified as (1) having received a credential or certification from the Department of Defense of a military occupational specialty or skill in a field of renewable energy or with respect to advanced manufacturing, machinist or welding, or engineering; (2) having completed a vocational degree in a field of renewable energy; or (3) having completed a LEED (Leadership in Energy & Environmental Design) certification with the United States Green Building Council.

The Department of the Treasury shall compensate specified U.S. possessions for their losses resulting from this bill.

What's happening now March 10, 2023

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1