Text: H.R.5303 — 102nd Congress (1991-1992)All Information (Except Text)

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HR 5303 IH
102d CONGRESS
2d Session
 H. R. 5303
To amend the Internal Revenue Code of 1986 to make the targeted jobs credit
permanent and to treat as a member of a targeted group every individual who
has received a Department of Defense campaign ribbon, liberation ribbon,
or national defense service medal.
IN THE HOUSE OF REPRESENTATIVES
June 2, 1992
Mr. EDWARDS of Texas (for himself, Mr. MCCLOSKEY, Mr. GEREN of Texas,
Mr. JEFFERSON, Mr. EVANS, Mr. JONES of Georgia, Mr. FISH, and Mr. HAYES of
Illinois) 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 make the targeted jobs credit
permanent and to treat as a member of a targeted group every individual who
has received a Department of Defense campaign ribbon, liberation ribbon,
or national defense service medal.
  Be it enacted by the Senate and House of Representatives of the United
  States of America in Congress assembled,
SECTION 1. TARGETED JOBS CREDIT MADE PERMANENT; RECIPIENTS OF CERTAIN
DEPARTMENT OF DEFENSE RIBBONS AND MEDALS TREATED AS MEMBERS OF TARGETED GROUP.
  (a) CREDIT MADE PERMANENT- Subsection (c) of section 51 of the Internal
  Revenue Code of 1986 (relating to targeted jobs credit) is amended by
  striking paragraph (4).
  (b) Recipients of Certain Department of Defense Ribbons and Medals Treated
  as Members of a Targeted Group-
  (1) IN GENERAL- Subparagraph (C) of section 51(d)(1) of such Code (relating
  to members of targeted groups) is amended to read as follows:
  `(C) a conflict-era veteran,'.
  (2) CONFLICT-ERA VETERAN- Paragraph (4) of section 51(d) of such Code is
  amended to read as follows:
  `(4) CONFLICT-ERA VETERAN- The term `conflict-era veteran' means any
  individual who is certified by the designated local agency as having been
  awarded by the Department of Defense--
  `(A) a campaign ribbon,
  `(B) a liberation ribbon, or
  `(C) a national defense service medal.'
  (c) EFFECTIVE DATE- The amendments made by this section shall apply to
  individuals who begin work for the employer after December 31, 1991.