H.R. 674 Passes the House of Representatives
As expected, today the House of Representatives voted on and passed H.R.
674 which repeals the 3 percent withholding on government contractors and, importantly,
expands the veteran category of the Work Opportunity Tax Credit (WOTC) and extends
it through the end of 2012. The vote count was 422-0; this measure earlier passed
the Senate in a vote of 95-0.
The bill now goes before President Obama for his signature after which the new veteran
categories will take immediate effect.
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