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Veterans Back to Work Act of 2019

USA116th CongressHR-5250| House 
| Updated: 12/11/2019
Ron Wright

Ron Wright

Republican Representative

Texas

Cosponsors (1)
Sanford D. Bishop (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Veterans Back to Work Act of 2019 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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Timeline
Nov 21, 2019
Introduced in House
Nov 21, 2019
Referred to the House Committee on Ways and Means.
Dec 11, 2019
Sponsor introductory remarks on measure. (CR H10028)
  • November 21, 2019
    Introduced in House


  • November 21, 2019
    Referred to the House Committee on Ways and Means.


  • December 11, 2019
    Sponsor introductory remarks on measure. (CR H10028)

Taxation

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

Veterans Back to Work Act of 2019

USA116th CongressHR-5250| House 
| Updated: 12/11/2019
Veterans Back to Work Act of 2019 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.
View Full Text

Suggested Questions

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

Timeline
Nov 21, 2019
Introduced in House
Nov 21, 2019
Referred to the House Committee on Ways and Means.
Dec 11, 2019
Sponsor introductory remarks on measure. (CR H10028)
  • November 21, 2019
    Introduced in House


  • November 21, 2019
    Referred to the House Committee on Ways and Means.


  • December 11, 2019
    Sponsor introductory remarks on measure. (CR H10028)
Ron Wright

Ron Wright

Republican Representative

Texas

Cosponsors (1)
Sanford D. Bishop (Democratic)

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