Legis Daily

INVEST Act

USA119th CongressHR-8786| House 
| Updated: 5/13/2026
Yvette D. Clarke

Yvette D. Clarke

Democratic Representative

New York

Cosponsors (4)
Jasmine Crockett (Democratic)Sydney Kamlager-Dove (Democratic)Eleanor Holmes Norton (Democratic)William R. Keating (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill aims to expand the existing Work Opportunity Tax Credit (WOTC) by amending the Internal Revenue Code. It introduces a new category of eligible individuals: specified veterans hired in the field of renewable energy , thereby incentivizing their employment in this critical sector. The credit applies to qualified wages for services rendered in renewable energy fields, which encompass sources like solar, wind, and hydropower. To be considered a specified veteran, an individual must be certified by a local agency as meeting particular qualifications. These include possessing a Department of Defense credential or certification in renewable energy or related fields, completing a vocational degree in renewable energy within the year prior to hiring, or holding a LEED certification. The bill also includes provisions for U.S. possessions, ensuring they receive equivalent benefits or compensation for lost tax revenue. These amendments are scheduled to apply to individuals who begin work for an employer after December 31, 2025.
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Timeline

Bill from Previous Congress

HR 116-322
INVEST Act

Bill from Previous Congress

HR 117-257
INVEST Act

Bill from Previous Congress

HR 118-1554
INVEST Act
May 13, 2026
Introduced in House
May 13, 2026
Referred to the House Committee on Ways and Means.
Jun 16, 2026

Latest Companion Bill Action

S 119-4798
Introduced in Senate
  • Bill from Previous Congress

    HR 116-322
    INVEST Act


  • Bill from Previous Congress

    HR 117-257
    INVEST Act


  • Bill from Previous Congress

    HR 118-1554
    INVEST Act


  • May 13, 2026
    Introduced in House


  • May 13, 2026
    Referred to the House Committee on Ways and Means.


  • June 16, 2026

    Latest Companion Bill Action

    S 119-4798
    Introduced in Senate

Taxation

INVEST Act

USA119th CongressHR-8786| House 
| Updated: 5/13/2026
This bill aims to expand the existing Work Opportunity Tax Credit (WOTC) by amending the Internal Revenue Code. It introduces a new category of eligible individuals: specified veterans hired in the field of renewable energy , thereby incentivizing their employment in this critical sector. The credit applies to qualified wages for services rendered in renewable energy fields, which encompass sources like solar, wind, and hydropower. To be considered a specified veteran, an individual must be certified by a local agency as meeting particular qualifications. These include possessing a Department of Defense credential or certification in renewable energy or related fields, completing a vocational degree in renewable energy within the year prior to hiring, or holding a LEED certification. The bill also includes provisions for U.S. possessions, ensuring they receive equivalent benefits or compensation for lost tax revenue. These amendments are scheduled to apply to individuals who begin work for an employer after December 31, 2025.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 116-322
INVEST Act

Bill from Previous Congress

HR 117-257
INVEST Act

Bill from Previous Congress

HR 118-1554
INVEST Act
May 13, 2026
Introduced in House
May 13, 2026
Referred to the House Committee on Ways and Means.
Jun 16, 2026

Latest Companion Bill Action

S 119-4798
Introduced in Senate
  • Bill from Previous Congress

    HR 116-322
    INVEST Act


  • Bill from Previous Congress

    HR 117-257
    INVEST Act


  • Bill from Previous Congress

    HR 118-1554
    INVEST Act


  • May 13, 2026
    Introduced in House


  • May 13, 2026
    Referred to the House Committee on Ways and Means.


  • June 16, 2026

    Latest Companion Bill Action

    S 119-4798
    Introduced in Senate
Yvette D. Clarke

Yvette D. Clarke

Democratic Representative

New York

Cosponsors (4)
Jasmine Crockett (Democratic)Sydney Kamlager-Dove (Democratic)Eleanor Holmes Norton (Democratic)William R. Keating (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted