Legis Daily

VOW to Hire Heroes Extension Act of 2019

USA116th CongressHR-3550| House 
| Updated: 6/27/2019
Julia Brownley

Julia Brownley

Democratic Representative

California

Cosponsors (3)
Tim Ryan (Democratic)Donald M. Payne (Democratic)Donald S. Beyer (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
VOW to Hire Heroes Extension Act of 2019 This bill amends the Internal Revenue Code to (1) make permanent the work opportunity tax credit, including with respect to qualified veterans; (2) revise tax credit eligibility requirements for documenting the status of veterans and their receipt of unemployment compensation; and (3) extend the payroll tax offset for such credit to certain for-profit employers. The Internal Revenue Service must make annual reports to Congress on the effectiveness and cost-effectiveness of this bill in increasing the employment of veterans. The bill directs the Department of the Treasury to pay (1) each U.S. possession (i.e., American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, the Commonwealth of Puerto Rico, and the U.S. Virgin Islands) with a mirror code tax system amounts equal to the loss to such possession due to this bill; and (2) each U.S. possession without such a tax system an amount estimated to equal the loss to such possession that would have occurred due to this bill if such a tax system had been in effect in that possession.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 27, 2019
Introduced in House
Jun 27, 2019
Referred to the House Committee on Ways and Means.
  • June 27, 2019
    Introduced in House


  • June 27, 2019
    Referred to the House Committee on Ways and Means.

Taxation

American SamoaAppropriationsCaribbean areaCongressional oversightEmployee hiringEmployment taxesGovernment trust fundsGuamIncome tax creditsNorthern Mariana IslandsPuerto RicoSocial security and elderly assistanceUnemploymentVeterans' education, employment, rehabilitationVirgin IslandsWages and earnings

VOW to Hire Heroes Extension Act of 2019

USA116th CongressHR-3550| House 
| Updated: 6/27/2019
VOW to Hire Heroes Extension Act of 2019 This bill amends the Internal Revenue Code to (1) make permanent the work opportunity tax credit, including with respect to qualified veterans; (2) revise tax credit eligibility requirements for documenting the status of veterans and their receipt of unemployment compensation; and (3) extend the payroll tax offset for such credit to certain for-profit employers. The Internal Revenue Service must make annual reports to Congress on the effectiveness and cost-effectiveness of this bill in increasing the employment of veterans. The bill directs the Department of the Treasury to pay (1) each U.S. possession (i.e., American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, the Commonwealth of Puerto Rico, and the U.S. Virgin Islands) with a mirror code tax system amounts equal to the loss to such possession due to this bill; and (2) each U.S. possession without such a tax system an amount estimated to equal the loss to such possession that would have occurred due to this bill if such a tax system had been in effect in that possession.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 27, 2019
Introduced in House
Jun 27, 2019
Referred to the House Committee on Ways and Means.
  • June 27, 2019
    Introduced in House


  • June 27, 2019
    Referred to the House Committee on Ways and Means.
Julia Brownley

Julia Brownley

Democratic Representative

California

Cosponsors (3)
Tim Ryan (Democratic)Donald M. Payne (Democratic)Donald S. Beyer (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
American SamoaAppropriationsCaribbean areaCongressional oversightEmployee hiringEmployment taxesGovernment trust fundsGuamIncome tax creditsNorthern Mariana IslandsPuerto RicoSocial security and elderly assistanceUnemploymentVeterans' education, employment, rehabilitationVirgin IslandsWages and earnings