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- S.240
S.240: Small Business Military Reservist Tax Credit Act
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced Feb. 1, 2005
- Latest Major Action Feb. 1, 2005
Bill Sponsor
Bill Cosponsors
6 (All Democrats)
Bill Summary
Small Business Military Reservist Tax Credit Act - Amends the Internal Revenue Code to allow: (1) certain small business employers (50 or fewer employees) and small manufacturers (100 or fewer employees) a tax credit for a percentage of the differential between the average daily civilian compensation and average daily military pay and allowances of their military reservist employees who are called to active duty; (2) such employers a tax...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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Feb. 1, 2005 |
Introduced in the Senate by John Kerry (D-Mass.) |