Summary

To amend the Internal Revenue Code of 1986 to provide tax incentives for hiring post 9-11 veterans. Read More

Status

This bill was introduced on Sep 21, 2011, in a previous session of Congress, but was not passed.

Date Introduced
Sep 21, 2011

Bill Text

A BILL

To amend the Internal Revenue Code of 1986 to provide tax incentives for hiring post 9-11 veterans.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Post 9-11 GI Jobs Act of 2011''.

SEC. 2. FINDINGS.

The Congress finds the following: (1) Veterans make heroic sacrifices to protect our country. (2) The people of the United States greatly value military service and recognize the difficult challenges involved in adjusting to civilian life after wartime service in the Armed Forces. (3) Veterans from recent wars are disproportionately unemployed and underemployed. (4) Veterans age 18 to 24, who have served in the Armed Forces since September 11, 2001, had an unemployment rate of 20.9 percent in 2010.

SEC. 3. INCREASE IN WORK OPPORTUNITY TAX CREDIT FOR HIRING VETERANS.

(a) In General.--Subsection (d) of section 51 of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: ``(15) Credit allowed for post 9-11 veterans in 2011 through 2014.-- ``(A) In general.--Any post 9-11 veteran who begins work for the employer after the date of the enactment of this paragraph shall be treated as a member of a targeted group for purposes of this subpart. ``(B) Increase in wages taken into account.--For purposes of this paragraph, in the case of a post 9-11 veteran, subsection (b)(3) shall be applied by substituting `$8,000' for `$6,000'. ``(C) Post...

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Bill Summary

H.R. 2994 Marine and Hydrokinetic Renewable Energy Promotion Act of 2011 H.R. 2996 Gulf War Syndrome `Presumptive Illness’ Extension Act of 2011