3.0.0 5250 2022-10-28T01:46:10Z 2022-10-28T01:46:10Z House HR 2019-11-21 116 [Congressional Record Volume 165, Number 187 (Thursday, November 21, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. WRIGHT:H.R. 5250.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1 of the Constitution, whichstates that ``the Congress shall have power To lay andcollect Taxes, Duties, Imposts and Excises, to pay the Debtsand provide for the common Defence and general Welfare of theUnited States . . .''[Page H9170]]]> hswm00 Ways and Means Committee House Standing Referred to 2019-11-21T14:05:50Z 2019-12-11 Sponsor introductory remarks on measure. (CR H10028) IntroReferral B00100 9 Library of Congress 2019-11-21 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2019-11-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-11-21 Introduced in House IntroReferral 1000 9 Library of Congress W000827 Rep. Wright, Ron [R-TX-6] Ron Wright R TX 6 N B000490 Rep. Bishop, Sanford D., Jr. [D-GA-2] SANFORD BISHOP D GA D. 2 2019-11-21 True Taxation Appropriations Disability and paralysis Employee hiring Employment taxes Government trust funds Income tax credits Veterans' education, employment, rehabilitation Taxation 00 2019-11-21 Introduced in House 2019-12-12T19:56:25Z Veterans Back to Work Act of 2019

This bill amends the Internal Revenue Code to (1) make permanent the work opportunity tax credit for hiring qualified veterans (veterans receiving compensation for a service-connected disability and other federal assistance); and (2) allow employers who hire qualified veterans to elect to claim the tax credit as an exemption from employment and railroad retirement taxes for such veterans' first-year wages, subject to specified limitations.

The bill appropriates amounts to the Social Security trust funds and the Social Security Equivalent Benefit Account to cover any revenue loss to such funds resulting from this bill.

]]> Veterans Back to Work Act of 2019 Display Title Veterans Back to Work Act of 2019 Official Title as Introduced To amend the Internal Revenue Code of 1986 to make permanent the work opportunity tax credit for veterans and to allow an exemption from an employer's employment taxes in an amount equivalent to the value of such credit in the case of veterans. Introduced in House IH Short Title(s) as Introduced Veterans Back to Work Act of 2019 Introduced in House IH Introduced in House 2019-11-21T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr5250ih/xml/BILLS-116hr5250ih.xml 2019-12-11 Sponsor introductory remarks on measure. (CR H10028) 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.