To amend the Internal Revenue Code of 1986 to make permanent the work opportunity tax credit for veterans and to allow an exemption from an employer's employment taxes in an amount equivalent to the value of such credit in the case of veterans.

USA115^th CongressHR-1600| House

| Updated: 3/17/2017

Veterans Back to Work Act of 201 7 This bill amends the Internal Revenue Code to: (1) make permanent the work opportunity tax credit for hiring qualified veterans (veterans receiving compensation for a service-connected disability and other federal assistance), and (2) allow employers who hire qualified veterans to elect to claim the tax credit as an exemption from employment and railroad retirement taxes for such veterans' first-year wages, subject to specified limitations. The bill appropriates amounts to the Social Security trust funds and the Social Security Equivalent Benefit Account to cover any revenue loss to such funds resulting from this bill.

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Taxation

AppropriationsDisability and paralysisEmployee hiringEmployment taxesGovernment trust fundsIncome tax creditsVeterans' education, employment, rehabilitation

To amend the Internal Revenue Code of 1986 to make permanent the work opportunity tax credit for veterans and to allow an exemption from an employer's employment taxes in an amount equivalent to the value of such credit in the case of veterans.

USA115^th CongressHR-1600| House

| Updated: 3/17/2017

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Ted Poe

Republican Representative

Texas

Cosponsors (4)

Sanford D. Bishop (Democratic)Walter B. Jones (Republican)Joe Wilson (Republican)Mike Coffman (Republican)

Ways and Means Committee

Taxation

Introduced
In Committee
On Floor
Passed Chamber
Enacted

AppropriationsDisability and paralysisEmployee hiringEmployment taxesGovernment trust fundsIncome tax creditsVeterans' education, employment, rehabilitation

To amend the Internal Revenue Code of 1986 to make permanent the work opportunity tax credit for veterans and to allow an exemption from an employer's employment taxes in an amount equivalent to the value of such credit in the case of veterans.

Suggested Questions

Taxation

To amend the Internal Revenue Code of 1986 to make permanent the work opportunity tax credit for veterans and to allow an exemption from an employer's employment taxes in an amount equivalent to the value of such credit in the case of veterans.

Suggested Questions

Ted Poe

Ways and Means Committee

Taxation

To amend the Internal Revenue Code of 1986 to make permanent the work opportunity tax credit for veterans and to allow an exemption from an employer's employment taxes in an amount equivalent to the value of such credit in the case of veterans.

Suggested Questions

Taxation

To amend the Internal Revenue Code of 1986 to make permanent the work opportunity tax credit for veterans and to allow an exemption from an employer's employment taxes in an amount equivalent to the value of such credit in the case of veterans.

Suggested Questions

Ted Poe

Ways and Means Committee

Taxation