US HB3402 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 41-1)
Status: Introduced on November 10 2011 - 25% progression, died in committee
Action: 2011-11-10 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Hiring Our Veterans Act of 2011 - Amends the Internal Revenue Code to: (1) increase the amount of wages eligible for the work opportunity tax credit for veterans who are hired after being unemployed for six months or more during the one-year period ending on the hiring date ($14,000 of first-year wages) or disabled veterans who are either hired within one year after discharge from active duty ($12,000 of first-year wages) or who are hired after being unemployed for six months or more during the one-year period ending on the hiring date ($24,000 of first-year wages), and (2) allow tax-exempt organizations to claim the lesser of the amount of the work opportunity tax credit for hiring veterans or the amount of the payroll taxes paid by such organizations during the calendar year.

Tracking Information

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Title

Hiring Our Veterans Act of 2011

Sponsors


History

DateChamberAction
2011-11-10HouseReferred to the House Committee on Ways and Means.

Same As/Similar To

HB3384 (Related) 2011-11-04 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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