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Senate committee releases tax-credit bill to incentivize hiring of veterans, caps credits at $10 million
Summary
S1204, the 'Battlefield to Boardroom Act,' was released by the Military and Veterans' Affairs Committee with committee amendments updating years of applicability and inserting a $10,000,000 annual cap on approved tax credits; business and veterans groups registered support.
The Military and Veterans' Affairs Committee released S1204, known in the hearing as the 'Battlefield to Boardroom Act,' which would authorize corporation business tax credits and gross income tax credits for qualified wages paid to certain veterans.
Committee amendments presented during the hearing update the years to which the…
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