House Bill 5250
116th Congress(2019-2020)
Veterans Back to Work Act of 2019
Introduced
Introduced in House on Nov 21, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5250
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
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.
November 21, 2019
12/11/2019
Sponsor introductory remarks on measure. (CR H10028)
11/21/2019
Referred to the House Committee on Ways and Means.
11/21/2019
Introduced in House
Public Record
Record Updated
Oct 28, 2022 1:46:10 AM