Reserve Component Employer Incentive, Compensation, and Relief Act of 201 9 This bill allows a tax credit for certain employers of reservists (i.e., members of the National Guard or a reserve component of the Armed Forces). The tax credit is equal to $1,000 for each reservist employed during the year, plus an additional amount that ranges from $3,000 to $10,000, depending on the number of days the reservist serves in the uniformed services during the year.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Income tax creditsMilitary personnel and dependentsNational Guard and reserves
Reserve Component Employer Incentive, Compensation, and Relief Act of 2019
USA116th CongressHR-801| House
| Updated: 1/25/2019
Reserve Component Employer Incentive, Compensation, and Relief Act of 201 9 This bill allows a tax credit for certain employers of reservists (i.e., members of the National Guard or a reserve component of the Armed Forces). The tax credit is equal to $1,000 for each reservist employed during the year, plus an additional amount that ranges from $3,000 to $10,000, depending on the number of days the reservist serves in the uniformed services during the year.