To amend the Internal Revenue Code of 1986 to provide to employers a tax credit for compensation paid during the period employees are performing service as members of the Ready Reserve or the National Guard.
Last action on Feb 6, 2001Referred to the House Committee on Ways and Means.
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Summary
Amends the Internal Revenue Code to provide employers a business tax credit (of up to $2,000 with respect to any one Ready Reserve-National Guard employee) with respect to members of the Ready Reserve or National Guard who were absent from work on active duty.
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