I 

118TH CONGRESS 

2D SESSION H. R. 10146 

To amend the Internal Revenue Code of 1986 to allow the work opportunity 

credit to small businesses which hire individuals who are members of 

the Ready Reserve or National Guard, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

NOVEMBER 15, 2024 

Ms. PLASKETT 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 the 

work opportunity credit to small businesses which hire 

individuals who are members of the Ready Reserve or 

National Guard, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Hire A Hero Act of 

5 2024’’. 


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1 SEC. 2. WORK OPPORTUNITY CREDIT TO SMALL BUSI2 NESSES FOR HIRING MEMBERS OF READY 

3 RESERVE OR NATIONAL GUARD. 

4 (a) IN GENERAL.—Section 51(d)(1) of the Internal 

5 Revenue Code of 1986 is amended by striking ‘‘or’’ at the 

6 end of subparagraph (I), by striking the period at the end 

7 of subparagraph (J) and inserting ‘‘, or’’, and by adding 

8 at the end the following new subparagraph: 

9 ‘‘(K) in the case of an eligible employer (as 

10 defined in section 408(p)(2)(C)(i)), an indi11 vidual who is a member of— 

12 ‘‘(i) the Ready Reserve (as described 

13 in section 10142 of title 10, United States 

14 Code), or 

15 ‘‘(ii) the National Guard (as defined 

16 in section 101(c)(1) of title 10, United 

17 States Code).’’. 

18 (b) EFFECTIVE DATE.— 

19 (1) IN GENERAL.—The amendment made by 

20 this section shall apply to wages paid or incurred 

21 after the date of the enactment of this Act in tax22 able years ending after such date. 

23 (2) CURRENT EMPLOYEES COVERED BY CRED24 IT.—For purposes of applying section 51 of the In25 ternal Revenue Code of 1986, individuals described 

26 in section 51(d)(1)(K) of such Code, as added by 


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1 this section, who are employed by an eligible em2 ployer (as defined in section 408(p)(2)(C)(i) of such 

3 Code) on the date of the enactment of this Act shall 

4 be treated as beginning work for such employer on 

5 such date. 

6 SEC. 3. PERMANENT EXTENSION OF WORK OPPORTUNITY 

7 CREDIT FOR EMPLOYERS HIRING QUALIFIED 

8 VETERANS AND MEMBERS OF READY RE9 SERVE AND NATIONAL GUARD. 

10 (a) IN GENERAL.—Section 51(c)(4) of the Internal 

11 Revenue Code of 1986 is amended by inserting ‘‘(other 

12 than any individual described in subparagraph (B) or (K) 

13 of subsection (d)(1))’’ after ‘‘individual’’. 

14 (b) EFFECTIVE DATE.—The amendment made by 

15 this section shall apply to individuals who begin work for 

16 the employer after the date of the enactment of this Act. 

17 SEC. 4. TREATMENT OF POSSESSIONS. 

18 (a) PAYMENTS TO POSSESSIONS.— 

19 (1) MIRROR CODE POSSESSIONS.—The Sec20 retary of the Treasury shall pay to each possession 

21 of the United States with a mirror code tax system 

22 amounts equal to the loss to that possession by rea23 son of the amendments made by this Act. Such 

24 amounts shall be determined by the Secretary of the 

25 Treasury based on information provided by the govVerDate Sep 11 2014 01:57 Nov 16, 2024 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H10146.IH H10146

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1 ernment of the respective possession of the United 

2 States. 

3 (2) OTHER POSSESSIONS.—The Secretary of 

4 the Treasury shall pay to each possession of the 

5 United States which does not have a mirror code tax 

6 system the amount estimated by the Secretary of the 

7 Treasury as being equal to the loss to that posses8 sion that would have occurred by reason of the 

9 amendments made by this Act if a mirror code tax 

10 system had been in effect in such possession. The 

11 preceding sentence shall not apply with respect to 

12 any possession of the United States unless such pos13 session establishes to the satisfaction of the Sec14 retary that the possession has implemented (or, at 

15 the discretion of the Secretary, will implement) an 

16 income tax benefit which is substantially equivalent 

17 to the income tax credit in effect after the amend18 ments made by this Act. 

19 (b) COORDINATION WITH CREDIT ALLOWED

20 AGAINST UNITED STATES INCOME TAXES.—The credit 

21 allowed against United States income taxes for any tax22 able year under the amendments made by this Act to sec23 tion 51 of the Internal Revenue Code of 1986 to any per24 son shall be reduced by the amount of any credit (or other 

25 tax benefit described in subsection (a)(2)) allowed to such 


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1 person against income taxes imposed by the possession of 

2 the United States by reason of this section for such tax3 able year. 

4 (c) DEFINITIONS AND SPECIAL RULES.— 

5 (1) POSSESSION OF THE UNITED STATES.—For 

6 purposes of this section, the term ‘‘possession of the 

7 United States’’ shall include such possessions as are 

8 specified in section 937(a)(1) of the Internal Rev9 enue Code of 1986. 

10 (2) MIRROR CODE TAX SYSTEM.—For purposes 

11 of this section, the term ‘‘mirror code tax system’’ 

12 means, with respect to any possession of the United 

13 States, the income tax system of such possession if 

14 the income tax liability of the residents of such pos15 session under such system is determined by ref16 erence to the income tax laws of the United States 

17 as if such possession were the United States. 

18 (3) TREATMENT OF PAYMENTS.—For purposes 

19 of section 1324(b)(2) of title 31, United States 

20 Code, the payments under subsection (a) shall be 

21 treated in the same manner as a refund due from 

22 credit provisions described in such section. 

Æ 


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