119-hr2801

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2801 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 2801

 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

 Mr. Vasquez introduced the following bill; which was referred to the 
 Committee on Ways and Means

_______________________________________________________________________

 A BILL

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

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 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.--

Section 51

    (a) of the Internal Revenue Code of 1986 
is amended by striking ``equal to'' and all that follows and inserting 
the following: ``equal to--
 ``

    (1) in the case of a qualified veteran, 50 percent of the 
qualified first-year wages for such year, and
 ``

    (2) 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--

    (1) by striking ``$12,000'' and inserting ``$18,000'',

    (2) by striking ``$14,000'' and inserting ``$21,000'', and

    (3) by striking ``$24,000'' and 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 ``employer'' and all that follows and inserting the 
following: ``employer--
 ``
            (i) subsection

    (a)

    (1) shall be applied by 
 substituting `25 percent' for `50 percent', and
 ``
            (ii) subsection

    (a)

    (2) shall be applied by 
 substituting `25 percent' for `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.
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