H.R. 5080 · 108th Congress

Veterans' Employment Act of 2004

Stage
In committee
Sponsor
Jim Saxton
Introduced
2004-09-15
Latest action
2004-09-15 · Introduced in House

Summary

Veterans' Employment Act of 2004 - Amends the Internal Revenue Code to allow employers a business tax credit for employing a veteran as a full-time employee for a three-year period. Sets the amount of such credit at $1,000 and allows the credit to be taken in the taxable year in which the veteran's three-year employment period ends. Allows an inflation adjustment to the credit amount beginning after 2005.