HR 5079 · 108th Congress · Taxation

Reservists' Employment Act of 2004

Introduced 2004-09-15· Sponsored by Rep. Saxton, Jim [R-NJ-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2004-09-15)

Plain Language Summary

[AI summary unavailable — showing source text] Reservists' Employment Act of 2004 - Amends the Internal Revenue Code to allow employers a business tax credit for employing a military reservist as a full time employee for a three-year period. Sets the amount of such credit at $1,000 and allows the credit to be taken in the taxable year in which the military reservist's three-year employment period ends. Allows an inflation adjustment to the credit amount after 2005.…

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

Cosponsors (18)

4 Democrats14 Republicans