New Veterans Category Passed by The Senate
In a vote of 95-0, the Senate today passed legislation that expands and extends the
veteran category of the Work Opportunity Tax Credit (WOTC). As
reported earlier, the credit amounts will range from $2,400 to $9,600 per eligible
hired veteran. This extension takes effect on the day the President enacts it and
runs through December 31, 2012. This legislation will be voted on by the House of
Representatives next week – it is expected to pass expeditiously.
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