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- H.R.1570
H.R.1570: To amend the Internal Revenue Code of 1986 to provide a tax credit to employers for the value of the service not performed during the period employees are performing service as members of the Ready Reserve or the National Guard.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced April 15, 2011
- Latest Major Action April 15, 2011
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to provide employers a business tax credit for up to 10% of compensation not paid to their employees who were members of the Ready Reserve or National Guard absent from work to perform active duty. Limits such credit to $2,000 for any one Ready Reserve-National Guard employee per year.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| April 15, 2011 |
Introduced in the House by Gus Bilirakis (R-Fla.) |