To amend the Internal Revenue Code of 1986 to provide to employers a tax credit for compensation paid during the period employees are performing service as members of the Ready Reserve or the National Guard.
About This Bill
Committee
Latest Action · January 27, 2003
Referred to the House Committee on Ways and Means.
Amends the Internal Revenue Code to provide employers a business tax credit for a portion of the actual compensation amount paid with respect to members of the Ready Reserve or National Guard who were absent from work on active duty. Limits such credit to $2,000 with respect to any one Ready Reserve-National Guard employee.
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