This bill aims to expand the existing Work Opportunity Tax Credit (WOTC) by including a new target group of eligible individuals. It amends the Internal Revenue Code of 1986 to provide the tax credit to employers who hire veterans receiving educational assistance under various chapters of Title 38 (Veterans Affairs) or Title 10 (Department of Defense). The legislation modifies section 51(d)(3)(A) of the Code to explicitly include veterans attending an educational institution with assistance from these programs. Furthermore, it adjusts the minimum employment period requirement for these newly included qualified veterans, differentiating them from other WOTC target groups. These changes will apply to individuals who begin work for an employer after the bill's enactment date, encouraging the employment of student veterans.
Read twice and referred to the Committee on Finance.
Taxation
Hire Student Veterans Act
USA119th CongressS-2494| Senate
| Updated: 7/29/2025
This bill aims to expand the existing Work Opportunity Tax Credit (WOTC) by including a new target group of eligible individuals. It amends the Internal Revenue Code of 1986 to provide the tax credit to employers who hire veterans receiving educational assistance under various chapters of Title 38 (Veterans Affairs) or Title 10 (Department of Defense). The legislation modifies section 51(d)(3)(A) of the Code to explicitly include veterans attending an educational institution with assistance from these programs. Furthermore, it adjusts the minimum employment period requirement for these newly included qualified veterans, differentiating them from other WOTC target groups. These changes will apply to individuals who begin work for an employer after the bill's enactment date, encouraging the employment of student veterans.