Tax Credit for Veterans and Retired Law Enforcement Officers for Securing Schools Act

Bill: 115-hr-5360
Sponsor: full_name: Rep. Meadows, Mark [R-NC-11]
Introduced: 2018-03-21
Policy area: Taxation
Subjects: Elementary and secondary education

Higher education

Income tax credits

Law enforcement officers

School administration

Temporary and part-time employment

Veterans' education, employment, rehabilitation

Veterans' pensions and compensation
Latest action: action_date: 2018-03-21
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2018-03-21
action_desc: Introduced in House
text: <p><b>Tax Credit for Veterans and Retired Law Enforcement Officers for Securing Schools Act </b></p> <p>This bill amends the Internal Revenue Code to allow a $1,500 tax credit for veterans and retired law enforcement officers who are employed part-time by a local law enforcement agency to patrol one or more elementary or secondary schools or institutions of higher education.</p>

tv_txt: I 115th CONGRESS 2d Session H. R. 5360 IN THE HOUSE OF REPRESENTATIVES March 21, 2018 Mr. Meadows 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 provide for a credit against tax for qualified special law enforcement officers.

1. Short title This Act may be cited as the Tax Credit for Veterans and Retired Law Enforcement Officers for Securing Schools Act . 2. Credit for qualified special law enforcement officers (a) In general Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 25D the following new section: 25E. Credit for qualified special law enforcement officers (a) Allowance of credit In the case of a qualified special law enforcement officer, there shall be allowed as a credit against the tax imposed by this chapter for a taxable year an amount equal to $1,500. (b) Qualified special law enforcement officer For purposes of this section— (1) In general The term qualified special law enforcement officer means an individual— (A) employed part-time by a local law enforcement agency to patrol one or more qualified schools, and (B) who is, on the date such individual is first so employed, a qualified veteran or a qualified retired law enforcement officer. (2) Qualified school The term qualified school means— (A) an elementary school or secondary school (as such terms are defined in section 8101 of the Elementary and Secondary Education Act of 1965), or (B) an institution of higher education (as such term is defined in section 101 of the Higher Education Act of 1965). (3) Qualified veteran The term qualified veteran means an individual who served in the active military, naval, or air service, and who was discharged or released therefrom under conditions other than dishonorable. (4) Qualified retired law enforcement officer The term qualified retired law enforcement officer has the meaning given such term by section 926C of title 18, United States Code. . (b) Clerical amendment The table of sections for subpart A of part IV of subchapter A of chapter 1 of such Code is amended by inserting after the item relating to section 25D the following new item: Sec. 25E. Credit for qualified special law enforcement officers. . (c) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.