H.R.801 - Reserve Component Employer Incentive, Compensation, and Relief Act of 2019116th Congress (2019-2020) |
|Sponsor:||Rep. Ryan, Tim [D-OH-13] (Introduced 01/25/2019)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 01/25/2019 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.801 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (01/25/2019)
Reserve Component Employer Incentive, Compensation, and Relief Act of 2019
This bill allows a tax credit for certain employers of reservists (i.e., members of the National Guard or a reserve component of the Armed Forces).
The tax credit is equal to $1,000 for each reservist employed during the year, plus an additional amount that ranges from $3,000 to $10,000, depending on the number of days the reservist serves in the uniformed services during the year.