HR 1948

112th CONGRESS
1st Session

H. R. 1948

To amend the Internal Revenue Code of 1986 to allow employers a credit against income tax equal to 50 percent of the compensation paid to employees while they are performing active duty service as members of the Ready Reserve or the National Guard and of the compensation paid to temporary replacement employees.

IN THE HOUSE OF REPRESENTATIVES

May 23, 2011

Mr. POE of Texas (for himself, Mr. CONNOLLY of Virginia, Mr. COURTNEY, Mrs. MILLER of Michigan, and Mr. SENSENBRENNER) 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 employers a credit against income tax equal to 50 percent of the compensation paid to employees while they are performing active duty service as members of the Ready Reserve or the National Guard and of the compensation paid to temporary replacement employees.

SECTION 1. SHORT TITLE, ETC.

SEC. 2. EMPLOYER CREDIT FOR COMPENSATION PAID TO EMPLOYEES WHILE SERVING ON ACTIVE DUTY AS MEMBERS OF READY RESERVE OR THE NATIONAL GUARD.

`SEC. 45S. EMPLOYER CREDIT FOR COMPENSATION PAID TO EMPLOYEES WHILE SERVING ON ACTIVE DUTY AS MEMBERS OF READY RESERVE OR THE NATIONAL GUARD AND FOR COMPENSATION PAID TO TEMPORARY REPLACEMENT EMPLOYEES.

END