H.R. 424 — 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. | PoliFocus
H.R. 424107th Congress
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.
Amends the Internal Revenue Code to provide employers a business tax credit (of up to $2,000 with respect to any one Ready Reserve-National Guard employee) with respect to members of the Ready Reserve or National Guard who were absent from work on active duty.
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Legislative Actions
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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