HR 1647 · 111th Congress · Taxation
VETS Act of 2009
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2009-03-19)
Plain Language Summary
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Veterans' Employment Transition Support Act of 2009 or the VETS Act of 2009- Amends the Internal Revenue Code to allow employers a general business tax credit for hiring certain veterans certified by designated local agencies as having served on active duty (other than for training) in the Armed Forces for a period of more than 180 days or having been discharged or released from active duty for a service-connected disability. Sets the amount of such credit at 40% of the first-year wages of such veterans and increases the percentage of such credit for disabled veterans based upon their disability ratings.…
Summarized by Claude AI · Non-partisan · For informational purposes only