Granger Bill Would Mandate Study of Credit for Firms Employing Reservists
DEC. 5, 2001
H8948
DOCUMENT ATTRIBUTES
- AuthorsGranger, Rep. Kay
- Institutional AuthorsHouse of Representatives
- Cross-ReferenceFor text of H.R. 3410, see Doc 2001-31000 (6 original pages) [PDF].
- Subject Area/Tax Topics
- Index Termsbusiness creditstudiesmilitary benefits
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2001-30994 (1 original page)
- Tax Analysts Electronic Citation2001 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
- AuthorsGranger, Rep. Kay
- Institutional AuthorsHouse of Representatives
- Cross-ReferenceFor text of H.R. 3410, see Doc 2001-31000 (6 original pages) [PDF].
- Subject Area/Tax Topics
- Index Termsbusiness creditstudiesmilitary benefits
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2001-30994 (1 original page)
- Tax Analysts Electronic Citation2001 TNT 245-37