HR 2443 · 112th Congress · Taxation
Tax Credit to Hire Veterans Act of 2011
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2011-07-07)
Plain Language Summary
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Tax Credit to Hire Veterans Act of 2011 - Amends the Internal Revenue Code to allow through 2014 an increase in the amount of depreciable business assets that an eligible small business can expense (i.e., deduct in the same taxable year) if such business employs certain unemployed veterans. Defines "eligible small business" to mean a business entity whose gross receipts in the preceding taxable year did not exceed $5 million or that did not employ more than 500 full time employees.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (11)
1 Democrat10 Republicans