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H.R. 1570

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to provide a tax credit to employers for the value of the service not performed during the period employees are performing service as members of the Ready Reserve or the National Guard.
About This Bill
Committee
Latest Action · April 15, 2011
Referred to the House Committee on Ways and Means.
Introduced
April 15, 2011
Cosponsors (0)
None
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Summary

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Amends the Internal Revenue Code to provide employers a business tax credit for up to 10% of compensation not paid to their employees who were members of the Ready Reserve or National Guard absent from work to perform active duty. Limits such credit to $2,000 for any one Ready Reserve-National Guard employee per year.

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