H.R. 1854 · 117th Congress
RECRUIT Act of 2021
- Stage
- In committee
- Sponsor
- Tim Ryan
- Introduced
- 2021-03-11
- Latest action
- 2021-03-11 · Introduced in House
Summary
Reserve Employers Comprehensive Relief and Uniform Incentives on Taxes Act of 2021 or the RECRUIT Act of 2021
This bill allows employers with less than 500 employees a new tax credit for 40% of the wages paid to a member of the National Guard or a reserve component of the Armed Forces. The employer may elect to claim a payroll tax credit for wages paid to such service members.