HR 5079 · 108th Congress · Taxation
Reservists' Employment Act of 2004
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2004-09-15)
Plain Language Summary
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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