US Congress House Bill 2466 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 18 2009 - 25% progression, died in committee
Action: 2009-05-18 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Guard and Reserve Financial Stability Act of 2009 - Amends the Internal Revenue Code to allow small employers (employers with 50 or fewer employees) a business tax credit for 50 percent of the lesser of: (1) actual compensation paid to each Ready Reserve-National Guard employee while on active duty or hospitalized incident to such duty; or (2) $30,000. Terminates such credit after 2009. Allows employers a work opportunity tax credit for the hiring of temporary employees to replace Ready Reserve-National Guard employees for the period such employees are on active duty.

Guard and Reserve Financial Stability Act of 2009

Rep. Nita Lowey [D-NY]

Date	Chamber	Action
2009-05-18		Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/2466/all-info
Text	https://www.congress.gov/111/bills/hr2466/BILLS-111hr2466ih.pdf