H.R. 2801

119th CONGRESS 1st Session

To amend the Internal Revenue Code of 1986 to allow an increased work opportunity credit with respect to veterans, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES · April 9, 2025 · Sponsor: Mr. Vasquez · Committee: Committee on Ways and Means

Table of contents

• H.R. 2801
  • SEC. 1. Short title
  • SEC. 2. Work opportunity credit for veterans

SEC. 1. Short title

• This Act may be cited as the Honor and Hire Veterans Act of 2025.

SEC. 2. Work opportunity credit for veterans

• (a) In general
  • of the Internal Revenue Code of 1986 is amended by striking and all that follows and inserting the following: Section 51(a)
    • equal to—
      • in the case of a qualified veteran, 50 percent of the qualified first-year wages for such year, and
      • in all other cases, 40 percent of the qualified first-year wages for such year.
• (b) Increased limitation on wages taken into account for veterans
  • Section 51(b)(3) of such Code is amended—
    • by striking striking2,000and inserting inserting8,000,
    • by striking striking4,000and inserting 1,000, and
    • by striking 4,000and inserting $36,000.
• (c) Conforming amendments relating to individuals not meeting minimum employment periods
  • Section 51(i)(3)(A) of such Code is amended by striking and all that follows and inserting the following:
    • employer—
      • subsection (a)(1) shall be applied by substituting for , and 25 percent 50 percent
      • subsection (a)(2) shall be applied by substituting for . 25 percent 40 percent
• (d) Effective date
  • The amendments made by this section shall apply to individuals who begin work for the employer after the date of the enactment of this Act.