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H.R. 5250

Veterans Back to Work Act of 2019

Veterans Back to Work Act of 2019

This bill amends the Internal Revenue Code to (1) make permanent the work opportunity tax credit for hiring qualified veterans (veterans receiving compensation for a service-connected disability and other federal assistance); and (2) allow employers who hire qualified veterans to elect to claim the tax credit as an exemption from employment and railroad retirement taxes for such veterans' first-year wages, subject to specified limitations.

The bill appropriates amounts to the Social Security trust funds and the Social Security Equivalent Benefit Account to cover any revenue loss to such funds resulting from this bill.

Sponsor introductory remarks on measure. (CR H10028)

Rep. Wright, Ron [R-TX-6](R-TX)Sponsor
1 cosponsor1 D
1cosponsors1committees4actions7subjects
  1. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR H10028)

  2. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Veterans Back to Work Act of 2019 — Informed