S. 641 — Introduced in Senate

II 114th CONGRESS 1st Session S. 641 IN THE SENATE OF THE UNITED STATES March 3, 2015Mr. Peters (for himself and Mrs. Ernst) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to extend the employer wage credit for activated military reservists. 1. Short title This Act may be cited as the Military Reserve Small Business Jobs Act of 2015. 2. Extension of employer wage credit for activated military reservists (a) In general Section 45P(f) of the Internal Revenue Code of 1986 is amended by striking December 31, 2014 and inserting December 31, 2019. (b) Effective date The amendment made by this section shall apply to payments made after December 31, 2014.