3.0.0 2466 2023-01-11T13:19:12Z 2023-01-11T13:19:12Z House H HR 2009-05-18 111 hswm00 Ways and Means Committee House Standing Referred to 2009-05-18T16:32:49Z 2009-05-18 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2009-05-18 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-05-18 Introduced in House IntroReferral 1000 9 Library of Congress L000480 Rep. Lowey, Nita M. [D-NY-18] NITA LOWEY D NY M. 18 N Taxation Income tax credits National Guard and reserves Small business Temporary and part-time employment Wages and earnings Taxation 00 2009-05-18 Introduced in House 2009-05-23T13:31:25Z Guard and Reserve Financial Stability Act of 2009 - Amends the Internal Revenue Code to allow small employers (employers with 50 or fewer employees) a business tax credit for 50 percent of the lesser of: (1) actual compensation paid to each Ready Reserve-National Guard employee while on active duty or hospitalized incident to such duty; or (2) $30,000. Terminates such credit after 2009.

Allows employers a work opportunity tax credit for the hiring of temporary employees to replace Ready Reserve-National Guard employees for the period such employees are on active duty.

]]> Guard and Reserve Financial Stability Act of 2009 Display Title Guard and Reserve Financial Stability Act of 2009 Official Title as Introduced To amend the Internal Revenue Code of 1986 to protect the financial stability of activated members of the Ready-Reserve and National Guard while serving abroad. Introduced in House IH Short Titles as Introduced Guard and Reserve Financial Stability Act of 2009 Introduced in House 2009-05-18T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr2466ih/xml/BILLS-111hr2466ih.xml 2009-05-18 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.