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Recent and Pending Military Legislation

HR 394 IH

Reserve Employer Tax Credit Act of 2001

To amend the Internal Revenue Code of 1986 to allow employers a credit against income tax with respect to employees who participate in the military reserves, to allow a comparable credit for participating self-employed individuals, and to restore the pre-1986 status of deductions incurred in connection with services performed as a member of a Reserve component of the Armed Forces.

Bill "Shorthand:"
HR = House Resolution
S = Senate Resolution
IH = Introduced in the House
IS = Introduced in the Senate
PCS = Placed On Calendar in the Senate
EH = Engrossed in House
ES = Egrossed in Senate
ENR = Enrolled Bill
RH = Reported in the House
RS = Reported in the Senate

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