HR 1647 · 111th Congress · Taxation

VETS Act of 2009

Introduced 2009-03-19· Sponsored by Rep. McCotter, Thaddeus G. [R-MI-11]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2009-03-19)

Plain Language Summary

[AI summary unavailable — showing source text] 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