H.R. 2801, titled the "Honor and Hire Veterans Act of 2025," proposes amendments to the Internal Revenue Code of 1986 to increase the work opportunity tax credit for hiring veterans. The bill raises the credit for employing qualified veterans to 50% of their first-year wages and increases...
Simple Explanation
H.R. 2801 wants to give companies more money back in taxes when they hire veterans. It will help veterans get jobs by making it cheaper for businesses to hire them.