Jobs for Heroes Act

To amend the Internal Revenue Code of 1986 to allow the work opportunity credit for hiring individuals who are veterans or members of the Ready Reserve or National Guard, to make permanent the work opportunity credit, and to expand and make permanent the employer wage credit for employees who are active duty members of the uniformed services. 1. Short title This Act may be cited as the Jobs for Heroes Act 2. Work opportunity credit for hiring veterans and members of Ready Reserve or National Guard (a) Expansion of veterans eligible for credit (1) In general Section 51(d)(3) (3) Qualified veteran The term qualified veteran (A) (i) having served on active duty (other than active duty for training) in the Armed Forces of the United States for a period of more than 180 days, or (ii) having been discharged or released from active duty in the Armed Forces of the United States for a service-connected disability, and (B) not having any day during the 60-day period ending on the hiring date which was a day of extended active duty in the Armed Forces of the United States. For purposes of subparagraph (B), the term extended active duty . (2) Conforming amendments (A) Section 51(b) of such Code is amended by adding at the end the following new paragraphs: (4) Certain veterans (A) A veteran is described in this subparagraph if such veteran is certified by the designated local agency as— (i) entitled to compensation for a service-connected disability, and (ii) having a hiring date which is not more than 1 year after having been discharged or released from active duty in the Armed Forces of the United States. (B) A veteran is described in this subparagraph if such veteran is certified by the designated local agency as having aggregate periods of unemployment during the 1-year period ending on the hiring date which equal or exceed 6 months. (C) A veteran is described in this subparagraph if such veteran is certified by the designated local agency as— (i) entitled to compensation for a service-connected disability, and (ii) having aggregate periods of unemployment during the 1-year period ending on the hiring date which equal or exceed 6 months. (5) Service-connected; compensation For purposes of paragraph (4), the terms compensation service-connected . (B) Section 51(b)(3) of such Code is amended— (i) by striking subsection (d)(3)(A)(ii)(I) paragraph (4)(A) (ii) by striking subsection (d)(3)(A)(iv) paragraph (4)(B) (iii) by striking subsection (d)(3)(A)(ii)(II) paragraph (4)(C) (b) Application of credit to members of Ready Reserve and National Guard (1) In general Section 51(d)(1) of such Code is amended by striking or , or (J) a qualified member of the Ready Reserve or National Guard. . (2) Qualified member of the Ready Reserve or National Guard Section 51(d) of such Code is amended by striking paragraph (14), by redesignating paragraphs (11), (12), and (13) as paragraphs (12), (13), and (14), respectively, and by inserting after paragraph (10) the following new paragraph: (11) Qualified member of the Ready Reserve or National Guard The term qualified member of the Ready Reserve or National Guard (A) the Ready Reserve (as described in section 10142 of title 10, United States Code), or (B) the National Guard (as defined in section 101(c)(1) of such title 10). . (c) Effective date The amendments made by this section shall apply to individuals who begin work for the employer after the date of the enactment of this Act. 3. Work opportunity credit made permanent (a) In general Section 51(c) (b) Effective date The amendment made by this section shall apply to individuals who begin work for the employer after December 31, 2015. 4. Employer wage credit for employees who are active duty members of the uniformed services expanded and made permanent (a) Credit allowable to all employers without regard to size (1) In general Section 45P(b)(3)(A) any employer which under a written plan any employer which, under a written plan (2) Conforming amendments (A) Subsections (a) and (b)(3)(A) of section 45P of such Code are each amended by striking eligible small business employer eligible employer (B) Section 45P(b)(3) of such Code is amended by striking eligible small business employer eligible employer (b) Credit made permanent Section 45P of such Code is amended by striking subsection (f). (c) Effective date The amendments made by this section shall apply to payments made after December 31, 2015.

Summary: Jobs for Heroes Act Amends the Internal Revenue Code, with respect to the work opportunity tax credit, to: (1) revise the definition of "qualified veteran" to expand the eligibility of veterans for such credit, (2) allow such credit for the hiring of a qualified member of the Ready Reserve or National Guard, and (3) make such credit permanent. Revises the tax credit for differential wage payments made by employers on behalf of Members of the Uniformed Services to: (1) extend eligibility for such credit to an employer without regard to the size of such employer's workforce, and (2) make such credit permanent.