The Hire Student Veterans Act expands the federal Work Opportunity Tax Credit to include veterans who are currently using educational benefits from the Department of Veterans Affairs or Department of Defense. This tax credit allows employers to reduce their federal income taxes when they hire workers from targeted groups, and this bill adds student veterans receiving GI Bill or other military educational assistance to that eligible group. The legislation applies to veterans attending educational institutions through various veterans' education programs, including the Post-9/11 GI Bill and Reserve educational benefits. The bill takes effect immediately upon enactment and applies to any veterans who begin employment after the law is passed, with no specific funding amount specified since the credit operates through the tax code rather than direct appropriations. By broadening this hiring incentive, the bill aims to encourage private employers to recruit and hire veterans while they pursue their education.
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