A bill to promote the employment of unemployed Vietnam veterans.

Allows a tax credit under the Internal Revenue Code of 1954 to an employer of an unemployed Vietnam-era veteran, for his qualified employment expenses as defined under this Act. Provides that the unemployed Vietnam-era veteran must be employed for a period of at least six months for the purposes of the credit under this Act.

Prohibits employers from dismissing and rehiring employed Vietnam veterans. Sets maximum numbers of unemployed Vietnam veterans taken into account for purposes of such credit. Defines the terms used in this Act.