Title: Jobs for Veterans Act of 2019
Policy area: Taxation

Summary:
Jobs for Veterans Act of 2019
This bill allows an increased work opportunity tax credit for employers who hire veterans who have been certified as discharged or released from active duty in the Armed Forces after September 11, 2001, and who begin working for the employer after December 31, 2019, and before January 1, 2024. This increased credit is in addition to any work opportunity tax credit allowed to a veteran with a service-connected disability.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1196 Introduced in House (IH)]

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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 Gonzalez-Colon 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 Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Jobs for Veterans Act of 2019''.

SEC. 2. WORK OPPORTUNITY CREDIT FOR RECENT VETERANS.

    (a) Work Opportunity Credit.--Section 51 of the Internal Revenue 
Code of 1986 is amended by adding at the end the following new 
subsection:
    ``(l) Special Rules for Veterans.--For purposes of this subpart--
            ``(1) In general.--In the case of an individual who is an 
        applicable veteran who begins work for the employer after 
        December 31, 2019, and before January 1, 2024, the following 
        rules shall apply:
                    ``(A) Applicable veteran.--Such individual shall be 
                treated as a member of a targeted group.
                    ``(B) Increased percentage.--Subsection (a) shall 
                be applied by substituting `100 percent' for `40 
                percent'.
                    ``(C) Wage limitation.--Paragraph (3) of subsection 
                (b) shall be applied--
                            ``(i) by substituting `$5,000' for 
                        `$6,000', and
                            ``(ii) without regard to the parenthetical 
                        therein.
                    ``(D) Minimum employment periods.--Subparagraph (A) 
                of subsection (i)(3) shall be applied by substituting 
                `0 percent' for `25 percent'.
                    ``(E) Disabled veterans.--In the case of such an 
                individual who is a qualified veteran by reason of 
                subsection (d)(3)(A)(ii), the credit determined with 
                respect to such individual under the rules of this 
                subsection shall be in addition to any credit allowable 
                with respect to such individual under this section 
                determined without regard to this subsection.
            ``(2) Applicable veteran.--The term `applicable veteran' 
        means any veteran (as defined in subsection (d)(3)(B)) who is 
        certified by the designated local agency as having been 
        discharged or released from active duty in the Armed Forces of 
        the United States after September 11, 2001.
            ``(3) Election to have subsection not apply.--A taxpayer 
        may elect (at such time and in such form and manner as the 
        Secretary shall prescribe) to have this subsection not apply 
        with respect to an individual for any taxable year.''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to individuals who begin work for the employer after December 31, 
2019.
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