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I
116TH CONGRESS
1ST SESSION H. R. 1196
To amend the Internal Revenue Code of 1986 to allow an increased work
opportunity credit with respect to recent veterans, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
FEBRUARY 13, 2019
Mr. KING of New York (for himself, Miss GONZA´LEZ-COLO´N of Puerto Rico,
Mr. WELCH, Ms. WILD, Ms. GABBARD, and Mr. GARAMENDI) introduced
the following bill; which was referred to the Committee on Ways and
Means
A BILL
To amend the Internal Revenue Code of 1986 to allow an
increased work opportunity credit with respect to recent
veterans, and for other purposes.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘Jobs for Veterans Act
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of 2019’’.
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•HR 1196 IH
SEC. 2. WORK OPPORTUNITY CREDIT FOR RECENT VET-
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ERANS.
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(a) WORK OPPORTUNITY CREDIT.—Section 51 of the
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Internal Revenue Code of 1986 is amended by adding at
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the end the following new subsection:
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‘‘(l) SPECIAL RULES FOR VETERANS.—For purposes
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of this subpart—
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‘‘(1) IN GENERAL.—In the case of an individual
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who is an applicable veteran who begins work for the
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employer after December 31, 2019, and before Jan-
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uary 1, 2024, the following rules shall apply:
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‘‘(A) APPLICABLE
VETERAN.—Such indi-
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vidual shall be treated as a member of a tar-
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geted group.
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‘‘(B)
INCREASED
PERCENTAGE.—Sub-
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section (a) shall be applied by substituting ‘100
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percent’ for ‘40 percent’.
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‘‘(C) WAGE
LIMITATION.—Paragraph (3)
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of subsection (b) shall be applied—
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‘‘(i) by substituting ‘$5,000’ for
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‘$6,000’, and
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‘‘(ii) without regard to the parenthet-
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ical therein.
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‘‘(D) MINIMUM EMPLOYMENT PERIODS.—
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Subparagraph (A) of subsection (i)(3) shall be
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•HR 1196 IH
applied by substituting ‘0 percent’ for ‘25 per-
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cent’.
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‘‘(E) DISABLED VETERANS.—In the case
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of such an individual who is a qualified veteran
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by reason of subsection (d)(3)(A)(ii), the credit
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determined with respect to such individual
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under the rules of this subsection shall be in
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addition to any credit allowable with respect to
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such individual under this section determined
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without regard to this subsection.
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‘‘(2) APPLICABLE VETERAN.—The term ‘appli-
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cable veteran’ means any veteran (as defined in sub-
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section (d)(3)(B)) who is certified by the designated
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local agency as having been discharged or released
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from active duty in the Armed Forces of the United
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States after September 11, 2001.
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‘‘(3) ELECTION
TO
HAVE
SUBSECTION
NOT
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APPLY.—A taxpayer may elect (at such time and in
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such form and manner as the Secretary shall pre-
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scribe) to have this subsection not apply with respect
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to an individual for any taxable year.’’.
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(b) EFFECTIVE DATE.—The amendment made by
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subsection (a) shall apply to individuals who begin work
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for the employer after December 31, 2019.
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Æ
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