H.R.5079: Reservists' Employment Act of 2004

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about taxation
  • Introduced Sept. 15, 2004
  • Latest Major Action Sept. 15, 2004

Bill Summary

Reservists' Employment Act of 2004 - Amends the Internal Revenue Code to allow employers a business tax credit for employing a military reservist as a full time employee for a three-year period. Sets the amount of such credit at $1,000 and allows the credit to be taken in the taxable year in which the military reservist's three-year employment period ends. Allows an inflation adjustment to the credit amount after 2005.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
Sept. 15, 2004

Introduced in the House by H. James Saxton (R-N.J.)

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