HR 3582
Veteran Employment Recovery Act
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Bill overview
The Veteran Employment Recovery Act temporarily increases the Work Opportunity Tax Credit (WOTC) to help employers hire veterans. Specifically, the bill raises the amount of the credit available to unemployed veterans who are hired in 2021. This aims to provide financial incentives for businesses to employ veterans, supporting their transition back into the workforce. The changes are effective starting January 1, 2021.
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Cosponsors
Filemon Vela
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