FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 118_HR_10147.
Which chamber initiated this legislation?
This legislation was initiated in the House of Representatives.
When did the legislative process begin?
The process officially started on 2024-11-15.
What are the main provisions?
Key points include:
- Businesses employing reservists can receive a tax credit equal to 40% of the wages paid to them.
- The maximum credit per reservist ranges from $1,000 to $10,000, depending on the number of days of uniformed service in the year.
- The credit is available to employers with an average of fewer than 500 employees and who meet specific financial criteria.
- The changes apply to wages paid in tax years beginning after December 31, 2023.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Del. Plaskett, Stacey E. [D-VI-At Large].
What is the latest detailed status?
The latest detailed status is: Referred to the House Committee on Ways and Means.
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.
What is the impact of this bill?
We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.