Honor and Hire Veterans Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2801 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2801 To amend the Internal Revenue Code of 1986 to allow an increased work opportunity credit with respect to veterans, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 9, 2025 Mr. Vasquez introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to allow an increased work opportunity credit with respect to veterans, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Honor and Hire Veterans Act of 2025''. SEC. 2. WORK OPPORTUNITY CREDIT FOR VETERANS. (a) In General.--Section 51(a) of the Internal Revenue Code of 1986 is amended by striking ``equal to'' and all that follows and inserting the following: ``equal to-- ``(1) in the case of a qualified veteran, 50 percent of the qualified first-year wages for such year, and ``(2) in all other cases, 40 percent of the qualified first-year wages for such year.''. (b) Increased Limitation on Wages Taken Into Account for Veterans.--Section 51(b)(3) of such Code is amended-- (1) by striking ``$12,000'' and inserting ``$18,000'', (2) by striking ``$14,000'' and inserting ``$21,000'', and (3) by striking ``$24,000'' and inserting ``$36,000''. (c) Conforming Amendments Relating to Individuals Not Meeting Minimum Employment Periods.--Section 51(i)(3)(A) of such Code is amended by striking ``employer'' and all that follows and inserting the following: ``employer-- ``(i) subsection (a)(1) shall be applied by substituting `25 percent' for `50 percent', and ``(ii) subsection (a)(2) shall be applied by substitutin