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Granger Bill Would Mandate Study of Credit for Firms Employing Reservists

DEC. 5, 2001

H8948

DATED DEC. 5, 2001
DOCUMENT ATTRIBUTES
  • Authors
    Granger, Rep. Kay
  • Institutional Authors
    House of Representatives
  • Cross-Reference
    For text of H.R. 3410, see Doc 2001-31000 (6 original pages) Database 'Tax Notes Today 2001', View '(Number' [PDF].
  • Subject Area/Tax Topics
  • Index Terms
    business credit
    studies
    military benefits
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2001-30994 (1 original page)
  • Tax Analysts Electronic Citation
    2001 TNT 245-37
Citations: H8948

Recruiting, Retention, and Reservist Promotion Act

 

=============== SUMMARY ===============

 

Rep. Kay Granger, R-Texas, introduced H.R. 3410, which would require a study of a possible new tax credit and small business loan changes to assist businesses that employ National Guard and armed forces reserve members. The bill would require the General Accounting Office to determine the amount of federal tax benefit appropriate to compensate businesses for costs associated with employing members of National Guard and Reserve units and having them called to active duty. The study would also determine whether changes should be made to the small business loan program -- such as a targeted level of loans, reduced interest rates, and reduced paperwork burdens for loan applications -- to help small businesses deal with these costs.
DOCUMENT ATTRIBUTES
  • Authors
    Granger, Rep. Kay
  • Institutional Authors
    House of Representatives
  • Cross-Reference
    For text of H.R. 3410, see Doc 2001-31000 (6 original pages) Database 'Tax Notes Today 2001', View '(Number' [PDF].
  • Subject Area/Tax Topics
  • Index Terms
    business credit
    studies
    military benefits
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2001-30994 (1 original page)
  • Tax Analysts Electronic Citation
    2001 TNT 245-37
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