Loading Map…
Introduced on April 9, 2025 by Gabriel Vasquez
This bill boosts the tax credit employers can get for hiring veterans. It raises the Work Opportunity Tax Credit to 50% of a veteran’s first-year wages. For non‑veteran hires, the credit is 40% of first‑year wages. It also increases the wage cap used to calculate the credit for veterans and updates the reduced credit rules for people who leave early, so the partial credit lines up with the new 50% and 40% rates. These changes apply to people who start work after the law takes effect.
Key points