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Tax Credits for Companies Hiring Veterans in Green Energy

This act introduces tax credits for businesses that hire veterans in the renewable energy sector. This aims to support veteran employment and the growth of green technologies, potentially creating new jobs and reducing financial burdens for companies.
Key points
Businesses can receive a tax credit for hiring veterans in the renewable energy industry (e.g., solar, wind power).
The credit applies to veterans with relevant military qualifications, vocational degrees in the field, or LEED certification.
The changes apply to individuals who begin work for an employer after December 31, 2022.
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Additional Information
Print number: 118_HR_1554
Sponsor: Rep. Lee, Barbara [D-CA-12]
Process start date: 2023-03-10
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

INVEST Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_1554.

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 2023-03-10.

What are the main provisions?

Key points include:

  • Businesses can receive a tax credit for hiring veterans in the renewable energy industry (e.g., solar, wind power).
  • The credit applies to veterans with relevant military qualifications, vocational degrees in the field, or LEED certification.
  • The changes apply to individuals who begin work for an employer after December 31, 2022.
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 Rep. Lee, Barbara [D-CA-12].

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.

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