[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[S. 3556 Introduced in Senate (IS)]

111th CONGRESS
  2d Session
                                S. 3556

     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.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             June 30, 2010

Mr. Brownback (for himself and Mr. Bond) 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 allow the work 
 opportunity credit to small businesses which hire individuals who are 
            members of the Ready Reserve or National Guard.

    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 ``Hire A Hero Act of 2010''.

SEC. 2. WORK OPPORTUNITY CREDIT TO SMALL BUSINESSES FOR HIRING MEMBERS 
              OF READY RESERVE OR NATIONAL GUARD.

    (a) In General.--Paragraph (1) of section 51(d) of the Internal 
Revenue Code of 1986 is amended by striking ``or'' at the end of 
subparagraph (H), by striking the period at the end of subparagraph (I) 
and inserting ``, or'', and by adding at the end the following new 
subparagraph:
                    ``(J) in the case of an eligible employer (as 
                defined in section 408(p)(2)(C)(i)), an individual who 
                is a member of--
                            ``(i) the Ready Reserve (as described in 
                        section 10142 of title 10, United States Code), 
                        or
                            ``(ii) the National Guard (as defined in 
                        section 101(c)(1) of such title 10).''.
    (b) Effective Date.--
            (1) In general.--The amendment made by this section shall 
        apply to wages paid or incurred after the date of the enactment 
        of this Act in taxable years ending after such date.
            (2) Current employees covered by credit.--For purposes of 
        applying section 51 of the Internal Revenue Code of 1986, 
        individuals described in section 51(d)(1)(J) of such Code, as 
        added by this Act, who are employed by an eligible employer (as 
        defined in section 408(p)(2)(C)(i) of such Code) on the date of 
        the enactment of this Act shall be treated as beginning work 
        for such employer on such date.
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