HR 350 · 108th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide to employers a tax credit for compensation paid during the period employees are performing service as members of the Ready Reserve or the National Guard.

Introduced 2003-01-27· Sponsored by Rep. Bilirakis, Michael [R-FL-9]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2003-01-27)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide employers a business tax credit for a portion of the actual compensation amount paid with respect to members of the Ready Reserve or National Guard who were absent from work on active duty. Limits such credit to $2,000 with respect to any one Ready Reserve-National Guard employee.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. Hostettler, John N. [R-IN-8]IN