HOUSE 1854117th CongressReferred to the House Committee on Ways and Means.
RECRUIT Act of 2021
- Last Action
- 3/11/2021
Actions
- 2021-03-11Referred to the House Committee on Ways and Means.
- 2021-03-11Introduced in House
- 2021-03-11Introduced in House
CRS Summary
As of 2021-03-11 (00)
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.
Cosponsors (20)
- Steven Palazzo (R-MS)
- Abigail Spanberger (D-VA)
- Trent Kelly (R-MS)
- Derek Kilmer (D-WA)
- Cheri Bustos (D-IL)
- Aumua Amata Radewagen (R-AS)
- Blake Moore (R-UT)
- Pete Stauber (R-MN)
- Jason Crow (D-CO)
- Elise Stefanik (R-NY)
- Dean Phillips (D-MN)
- Chrissy Houlahan (D-PA)
- Kaiali'i Kahele (D-HI)
- Andy Kim (D-NJ)
- Scott DesJarlais (R-TN)
- Susan Wild (D-PA)
- Cynthia Axne (D-IA)
- Michael Turner (R-OH)
- Colin Allred (D-TX)
- John Katko (R-NY)
Subjects
- Business expenses
- Employment taxes
- Income tax credits
- Military personnel and dependents
- National Guard and reserves
- Wages and earnings
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.