U.S. Congress - S.367 Hire A Hero Act of 2011
S.367 - Hire A Hero Act of 2011
A bill to amend the Internal Revenue Code of 1986 to allow the work opportunity credit to small businesses which hire individuals who are members of the Ready Reserve or National Guard, and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill to amend the Internal Revenue Code of 1986 to allow the work opportunity credit to small businesses which hire individuals who are members of the Ready Reserve or National Guard, and for other purposes. as introduced.
- Short: Hire A Hero Act of 2011 as introduced.
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Official Summary
2/16/2011--Introduced.Hire A Hero Act of 2011 - Amends the Internal Revenue Code to: (1) allow employers a work opportunity tax credit for hiring a member of the Ready Reserve or the National Guard, and (2) make such credit permanent. Rescinds the amount of appropriated but unobligated disOfficial Summary
2/16/2011--Introduced.Hire A Hero Act of 2011 - Amends the Internal Revenue Code to:(1) allow employers a work opportunity tax credit for hiring a member of the Ready Reserve or the National Guard, and
(2) make such credit permanent. Rescinds the amount of appropriated but unobligated discretionary funds determined by the Director of the Office of Management and Budget (OMB) to be equal to the reduction in tax revenues resulting from this Act. Exempts unobligated funds of the Department of Veterans Affairs (VA) or the Social Security Administration (SSA). Requires the Director to identify to which appropriation accounts such rescissions shall apply and report to the Secretary of the Treasury and Congress on such rescissions.
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