To amend the Internal Revenue Code of 1986 to provide the work opportunity tax credit with respect to the hiring of veterans in the field of renewable energy.
About This Bill
Committee
Latest Action · March 10, 2023
Referred to the House Committee on Ways and Means.
Incentives for our Nation's Veterans in Energy Sustainability Technologies or the INVEST Act
This bill allows the work opportunity tax credit to be used for the hiring of a specified veteran who works in a field of renewable energy. A specified veteran means any veteran who is certified as (1) having received a credential or certification from the Department of Defense of a military occupational specialty or skill in a field of renewable energy or with respect to advanced manufacturing, machinist or welding, or engineering; (2) having completed a vocational degree in a field of renewable energy; or (3) having completed a LEED (Leadership in Energy & Environmental Design) certification with the United States Green Building Council.
The Department of the Treasury shall compensate specified U.S. possessions for their losses resulting from this bill.
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