[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[S. 274 Introduced in Senate (IS)]

111th CONGRESS
  1st Session
                                 S. 274

 To amend the Internal Revenue Code of 1986 to provide an incentive to 
                       hire unemployed veterans.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 16, 2009

  Mr. Baucus introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to provide an incentive to 
                       hire unemployed veterans.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Veterans Jobs Opportunity Act of 
2009''.

SEC. 2. INCENTIVE TO HIRE UNEMPLOYED VETERANS.

    (a) In General.--Subsection (d) of section 51 of the Internal 
Revenue Code of 1986 is amended by adding at the end the following new 
paragraph:
            ``(14) Credit allowed for unemployed veterans hired in 2009 
        or 2010.--
                    ``(A) In general.--Any unemployed veteran who 
                begins work for the employer during 2009 or 2010 shall 
                be treated as a member of a target group for purposes 
                of this subpart.
                    ``(B) Unemployed veteran.--For purposes of this 
                paragraph, the term `unemployed veteran' means any 
                veteran (as defined in paragraph (3)(B), determined 
                without regard to clause (ii) thereof) who is certified 
                by the designated local agency as--
                            ``(i) having been discharged or released 
                        from active duty in the Armed Forces during 
                        2008, 2009, or 2010, and
                            ``(ii) being in receipt of unemployment 
                        compensation under State or Federal law for not 
                        less than 4 weeks during the 1-year period 
                        ending on the hiring date.''.
    (b) Effective Date.--The amendments made by this section shall 
apply to individuals who begin work for the employer after December 31, 
2008.
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