H.R.2466: Guard and Reserve Financial Stability Act of 2009

About This Bill

Bill Summary

Guard and Reserve Financial Stability Act of 2009 - Amends the Internal Revenue Code to allow small employers (employers with 50 or fewer employees) a business tax credit for 50 percent of the lesser of: (1) actual compensation paid to each Ready Reserve-National Guard employee while on active duty or hospitalized incident to such duty; or (2) $30,000. Terminates such credit after 2009. Allows employers a work opportunity tax credit for the...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
May 18, 2009

Introduced in the House by Nita M. Lowey (D-N.Y.)

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