skip to main content

H.R. 5496 (101st): To amend the Internal Revenue Code of 1986 to allow the targeted jobs credit for hiring economically disadvantaged veterans who are discharged involuntarily as a result of budget cuts.

We don’t have a summary available yet.

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Aug 3, 1990.

Amends the Internal Revenue Code to allow the targeted jobs credit for hiring an involuntarily discharged economically disadvantaged veteran. Describes such veteran as one who: (1) has served on active duty for more than 180 days, or has been discharged or released from active duty for a service-connected disability; (2) has been involuntarily discharged or released (other than dishonorably) after September 30, 1990; (3) has not had a day of extended active duty during the 28-day period ending on the hiring date; and (4) is a member of an economically disadvantaged family.