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H.R. 2443 · 112th Congress

Tax Credit to Hire Veterans Act of 2011

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

11 cosponsors · 1 D, 10 R

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Tax Credit to Hire Veterans Act of 2011 - Amends the Internal Revenue Code to allow through 2014 an increase in the amount of depreciable business assets that an eligible small business can expense (i.e., deduct in the same taxable year) if such business employs certain unemployed veterans.

What it does: CRS summary · Introduced in House · Jul 7, 2011

Tax Credit to Hire Veterans Act of 2011 - Amends the Internal Revenue Code to allow through 2014 an increase in the amount of depreciable business assets that an eligible small business can expense (i.e., deduct in the same taxable year) if such business employs certain unemployed veterans. Defines "eligible small business" to mean a business entity whose gross receipts in the preceding taxable year did not exceed $5 million or that did not employ more than 500 full time employees.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Tax Credit to Hire Veterans Act of 2011

Latest action (Jul 7, 2011): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Jul 7, 2011

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.