US SB367 | 2011-2012 | 112th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on February 16 2011 - 25% progression, died in committee
Action: 2011-02-16 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 16 2011 - 25% progression, died in committee
Action: 2011-02-16 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Hire A Hero Act of 2011 - Amends the Internal Revenue Code to: (1) allow employers a work opportunity tax credit for hiring a member of the Ready Reserve or the National Guard, and (2) make such credit permanent. Rescinds the amount of appropriated but unobligated discretionary funds determined by the Director of the Office of Management and Budget (OMB) to be equal to the reduction in tax revenues resulting from this Act. Exempts unobligated funds of the Department of Veterans Affairs (VA) or the Social Security Administration (SSA). Requires the Director to identify to which appropriation accounts such rescissions shall apply and report to the Secretary of the Treasury and Congress on such rescissions.
Title
Hire A Hero Act of 2011
Sponsors
Sen. Scott Brown [R-MA] | Sen. Kay Hagan [D-NC] | Sen. Ron Wyden [D-OR] |
History
Date | Chamber | Action |
---|---|---|
2011-02-16 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB743 (Related) 2011-02-16 - Referred to the House Committee on Ways and Means.
Subjects
Appropriations
Income tax credits
National Guard and reserves
Small business
Taxation
Veterans' education, employment, rehabilitation
Income tax credits
National Guard and reserves
Small business
Taxation
Veterans' education, employment, rehabilitation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/senate-bill/367/all-info |
Text | https://www.congress.gov/112/bills/s367/BILLS-112s367is.pdf |