H. R. 4443
IN THE HOUSE OF REPRESENTATIVES
January 13, 2010
Mrs. Halvorson introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to increase the work opportunity tax credit for hiring veterans.
This Act may be cited as the
Veterans Employment Today Act of
2010 or the
Increase in work opportunity tax credit for hiring veterans
Increase in credit for disabled veterans
Paragraph (3) of section 51(b) of the
Internal Revenue Code of 1986 is amended by striking
Increase in credit for other veterans
Paragraph (14) of section 51(d) of such Code is amended by redesignating subparagraph (B) as subparagraph (C) and by inserting after subparagraph (A) the following new subparagraph:
Increase in limitation on wages taken into account for unemployed veterans
In the case of any unemployed veteran who
is treated as a member of a targeted group by reason of subparagraph (A) and
who begins work for the employer after the date of the enactment of this
subparagraph, subsection (b)(3) shall be applied by substituting
The amendments made by this section shall apply to individuals who begin work for the employer after the date of the enactment of this Act.
The authority under this section will expire on December 31, 2010.