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H.R. 2399

BillFederalHouseIn Committee
Guardsmen and Reservist Employer Tax Act of 2003
About This Bill
Committee
Latest Action · June 10, 2003
Referred to the House Committee on Ways and Means.
Congress
108th (2003–2005)
Introduced
June 10, 2003
Cosponsors (6)
0D 6R
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Summary

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Guardsmen and Reservist Employer Tax Act of 2003 - Amends the Internal Revenue Code to provide a reserve component employment credit equal to the sum of the employment credit with respect to all qualified employees of the taxpayer and the self-employment credit of a qualified self-employed taxpayer. Limits the credit to $25,000 for each qualified employee. Disallows the credit for failure to comply with reserve member employment or reemployment rights, or when a reserve member is called or ordered to active duty for training.

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