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Tax Credits for Businesses Hiring Student Veterans

New rules offer tax credits to businesses that hire veterans receiving educational assistance. This aims to encourage employers to provide jobs for former service members who are also pursuing education. As a result, veterans may find it easier to secure employment, while businesses gain financial benefits.
Key points
Businesses hiring student veterans can receive tax credits.
Veterans using educational programs may have better job prospects.
Changes apply to individuals starting work after the act's enactment.
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Additional Information
Print number: 117_S_94
Sponsor: Sen. Rosen, Jacky [D-NV]
Process start date: 2021-01-28