RECRUIT Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 10147 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 10147 To amend the Internal Revenue Code of 1986 to allow for a credit against tax for employers of reservists. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 15, 2024 Ms. Plaskett introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to allow for a credit against tax for employers of reservists. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Reserve Employers Comprehensive Relief and Uniform Incentives on Taxes Act of 2024'' or as the ``RECRUIT Act of 2024''. SEC. 2. RESERVIST EMPLOYMENT CREDIT. (a) Allowance of Credit.--Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: ``SEC. 45BB. RESERVIST …