I 
112TH CONGRESS 
1ST SESSION H. R. 2443 
To amend the Internal Revenue Code of 1986 to increase the limitation 
on expensing certain depreciable assets for certain businesses that hire 
veterans. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 7, 2011 
Mr. MILLER of Florida 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 increase 
the limitation on expensing certain depreciable assets 
for certain businesses that hire veterans. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Tax Credit to Hire 
Veterans Act of 2011’’. 
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SEC. 2. INCREASED EXPENSING FOR CERTAIN BUSINESSES 
HIRING VETERANS. 
(a) IN GENERAL.—Section 179 of the Internal Rev-
enue Code of 1986 is amended by adding at the end the 
following new subsection: 
‘‘(g) SPECIAL RULES FOR SMALL EMPLOYERS HIR-
ING VETERANS.— 
‘‘(1) IN GENERAL.—In the case of an eligible 
small employer, the limitation under subsection 
(b)(1) for the taxable year (after the application of 
subsection (b)(2)) shall be increased by an amount 
equal to— 
‘‘(A) $25,000, multiplied by, 
‘‘(B) the number of veteran new-hires of 
such employer. 
‘‘(2) LIMITATION.—The number of veteran 
new-hires which may be taken into account by an 
employer for any taxable year under paragraph (1) 
shall not exceed 25. 
‘‘(3) DEFINITIONS
AND
SPECIAL
RULE.—For 
purposes of this subsection— 
‘‘(A) ELIGIBLE
SMALL
EMPLOYER.—For 
purposes of this subsection, the term ‘eligible 
small employer’ means any person who carries 
on a trade or business— 
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‘‘(i) the gross receipts of which for the 
preceding taxable year did not exceed 
$5,000,000, or 
‘‘(ii) in the case of a trade or business 
to which subparagraph (A) does not apply, 
which employed not more than 500 full- 
time employees during the preceding tax-
able year. 
‘‘(B) VETERAN
NEW-HIRE.—The term 
‘veteran new-hire’ means, with respect to any 
employer for the taxable year, an individual— 
‘‘(i) who is a veteran (as defined in 
section 101 of title 38, United States 
Code), 
‘‘(ii) who was a full-time employee of 
the employer during the 1-year period be-
ginning with the date the employment with 
the employer began, 
‘‘(iii) with respect to whom such 1- 
year period ends during the taxable year, 
‘‘(iv) who certifies by signed affidavit, 
under penalties of perjury, that such indi-
vidual was unemployed on day before the 
date the employment with the employer 
began, 
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‘‘(v) who is not employed by the em-
ployer to replace another employee of such 
employer unless such other employee sepa-
rated from employment voluntarily or for 
cause, 
‘‘(vi) who is not an individual de-
scribed in section 51(i)(1) (applied by sub-
stituting ‘employer’ for ‘taxpayer’ each 
place it appears), 
‘‘(vii) who has not been a veteran 
new-hire with respect to such employer for 
any preceding taxable year, and 
‘‘(viii) who has not been employed by 
the employer at any time during the 180- 
day period ending on the date the employ-
ment with the employer began. 
‘‘(C) FULL-TIME.—An employee shall be 
treated as full time if such employee is em-
ployed on average at least 38 hours of service 
per week. 
‘‘(D) CONTROLLED GROUPS.—All persons 
which are treated as a single employer under 
subsections (a) and (b) of section 52 shall be 
treated as a single taxpayer. 
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‘‘(4) TERMINATION.—This subsection shall not 
apply to taxable years beginning after December 31, 
2014.’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply with respect to individuals who 
begin work for the employer after the date of the enact-
ment of this Act. 
Æ 
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