Hire Student Veterans Act

Bill: 117-s-94
Sponsor: full_name: Sen. Rosen, Jacky [D-NV]
Introduced: 2021-01-28
Policy area: Taxation
Subjects: Higher education

Income tax credits

Student aid and college costs

Veterans' education, employment, rehabilitation

Wages and earnings
Latest action: action_date: 2021-01-28
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2021-01-28
action_desc: Introduced in Senate
text: <p><b>Hire Student Veterans Act </b></p> <p>This bill allows a work opportunity tax credit for hiring a veteran attending an educational institution using educational assistance provided under certain programs administered by the Department of Defense or the Department of Veterans Affairs. It also modifies the minimum employment period required for veterans who qualify for the credit under this bill. </p>

tv_txt: II 117th CONGRESS 1st Session S. 94 IN THE SENATE OF THE UNITED STATES January 28, 2021 Ms. Rosen (for herself, Mr. Moran , Mr. Cramer , Ms. Stabenow , Mr. Daines , and Ms. Baldwin ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to provide the work opportunity tax credit with respect to hiring veterans who are receiving educational assistance under laws administered by the Secretary of Veterans Affairs or Defense.

1. Short title This Act may be cited as the Hire Student Veterans Act . 2. Work opportunity tax credit for hiring veterans receiving educational assistance under laws administered by the Secretary of Veterans Affairs or Defense (a) In general Section 51(d)(3)(A) of the Internal Revenue Code of 1986 is amended by striking or at the end of clause (iii), by striking the period at the end of clause (iv) and inserting , or , and by adding at the end the following new clause: (v) attending an educational institution by means of educational assistance provided under chapter 30, 31, 32, 33, or 34 of title 38, United States Code, or chapter 1606 or 1607 of title 10, United States Code. . (b) Modification of minimum employment period Section 51(i)(3)(A) of the Internal Revenue Code of 1986 is amended by inserting (other than a qualified veteran described in subsection (d)(3)(A)(v)) after In the case of an individual . (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.