H.R. 10147 aims to amend the Internal Revenue Code to provide a tax credit for employers who hire reservists. Under this bill, eligible employers can receive a credit equal to 40% of the wages paid to qualified reservists, up to specific limits based on the length of the...
Simple Explanation
H.R. 10147 is a proposal that lets small businesses get a tax discount when they employ reservists, who are people that sometimes work in the military. It helps these businesses save money based on how long their reservist workers are serving each year.