,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #ebej  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #ba1         
#bjai,mr4 ,wright 7= himself & ,mr4     
,bi%op ( ,georgia7 introduc$ ! foll[+   
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to am5d !   
,int]nal ,rev5ue ,code ( #aihf to make  
p]man5t ! "w opportunity tax cr$it =    
vet]ans & to all[ an exemption f an     
employ]'s employm5t taxes 9 an am\nt    
equival5t to ! value ( su* cr$it 9 !    
case ( vet]ans4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,vet]ans ,back to  
,"w ,act ( #bjai4  #b4 ,ext5sion &      
improvem5t ( "w opportunity tax cr$it = 
vet]ans  7a7 ,cr$it made p]man5t =      
vet]ans ,section #ea7;c77#d7 ( !        
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by ins]t+ 7o!r ?an a qualifi$ vet]an7   
aft] an individual4  7b7 ,election ,to  
,claim ,cr$it z ,exemption ,f ,employm5t
 ,taxes  7#a7 ,9 g5]al ,section #caaa ( 
! ,int]nal ,rev5ue ,code ( #aihf is     
am5d$ by add+ at ! end ! foll[+ new     

subsection3  7g7 ,special exemption =   
c]ta9 vet]ans  7#a7 ,9 g5]al ,subsection
 7a7 %all n apply to fir/-ye> wages paid
 aft] ! date ( ! enactm5t ( ?is         
subsection by a qualifi$ employ] )      
respect to employm5t ( any specifi$     
vet]an = s]vices p]=m$--  7,a7 9 a trade
 or bus9ess ( su* qualifi$ employ]1 or  
7,b7 9 ! case ( a qualifi$ employ]      
exempt f tax "u section #eja7;a71 9     
fur!rance ( ! activities relat$ to !    
purpose or function con/itut+ ! basis ( 
! employ]'s exemption "u section #eja4  
7#b7 ,limitation ,) respect to any      
specifi$ vet]an employ$ by a qualifi$   
employ]1 ! am\nt ( wages to :i* p>agraph
 7#a7 applies %all n exce$-- 7,a7       
#abe1dij 9 ! case ( an individual :o is 
a qualifi$ vet]an by reason ( section   
#ea7;d77#c77;,a77ii77,,ii71  7,b7       
#gc1bjc 9 ! case ( an individual :o is a
 qualifi$ vet]an by reason ( section    
#ea7;d77#c77;,a77iv71  7,c7 #fb1gde 9 ! 
case ( an individual :o is a qualifi$   
vet]an by reason ( section              

#ea7;d77#c77;,a77ii77,i71 &  7,d7       
#ca1cgc 9 ! case ( any o!r qualifi$     
vet]an4  7#c7 ,qualifi$ employ] ,=      
purposes ( ?is subsection--  7,a7 ,9    
g5]al ,! t]m qualifi$ employ] means any 
employ] o!r ?an ! ,unit$ ,/ates1 any    
,/ate1 or any political subdivision     
!re(1 or any in/rum5tality ( ! =ego+4   
7,b7 ,treatm5t ( employees (            
po/-second>y educational in/itutions    
,not)/&+ subp>agraph 7,a71 ! t]m        
qualifi$ employ] includes any employ]   
:i* is a public in/itution ( high]      
education 7z def9$ 9 section #aja7;b7 ( 
! ,high] ,education ,act ( #aife74  7#d7
 ,specifi$ vet]an ,= purposes ( ?is     
subsection-- 7,a7 ,9 g5]al ,! t]m       
specifi$ vet]an means any individual    
:o--  7i7 beg9s employm5t ) a qualifi$  
employ] aft] ! date ( ! enactm5t ( ?is  
subsection1  7ii7 c]tifies by sign$     
affidavit1 "u p5alties ( p]jury1 t su*  
individual is a qualifi$ vet]an & :e!r  
su* individual is a qualifi$ vet]an     
describ$ 9 subp>agraph 7,a71 7,b71 or   

7,c7 ( p>agraph 7#b71  7iii7 is n       
employ$ by ! qualifi$ employ] to replace
 ano!r employee ( su* employ] unless su*
 o!r employee sep>at$ f employm5t       
volunt>ily or = cause1 &  7iv7 is n an  
individual describ$ 9 section           
#ea7;i77#a7 7appli$ by sub/itut+        
qualifi$ employ] = taxpay] ea* place x  
appe>s74  7,b7 ,qualifi$ vet]an ,! t]m  
qualifi$ vet]an has ! mean+ giv5 su* t]m
 by section #ea7;d77#c71 b appli$ )\t   
reg>d to :e!r su* individual has be5    
c]tifi$ by ! designat$ local ag5cy4     
7#e7 ,fir/-ye> wages ,= purposes ( ?is  
subsection1 ! t]m fir/-ye> wages means1 
) respect to any individual1 wages =    
s]vices r5d]$ dur+ ! #a-ye> p]iod beg9n+
 ) ! day ! individual beg9s "w = !      
employ]4  7#f7 ,coord9ation ) cr$it =   
employm5t ( qualifi$ vet]ans by qualifi$
 tax-exempt organizations ,?is          
subsection %all n apply ) respect to !  
fir/-ye> wages ( any individual if su*  
wages are tak5 into acc\nt 9 det]m9+ !  
cr$it all[$ "u subsection 7e74  7#g7    

,election ,a qualifi$ employ] may elect 
to h ?is subsection n apply ) respect to
 ! fir/-ye> wages ( any individual4 ,su*
 election %all be made 9 su* mann] z !  
,secret>y may require4  4  7#b7         
,coord9ation ) "w opportunity cr$it     
,section #ea7;c7 ( su* ,code is am5d$ by
 add+ at ! end ! foll[+ new p>agraph3   
7#f7 ,coord9ation ) payroll tax         
exemption = qualifi$ vet]ans ,! cr$it   
det]m9$ "u ?is section ) respect to any 
qualifi$ vet]an = any taxable ye> %all  
be r$uc$ by an am\nt equal to #g4fe     
p]c5t ( ! qualifi$ fir/-ye> wages paid  
or incurr$ by ! taxpay] to su* vet]an   
dur+ su* taxable ye> to :i* section     
#caaa7;g7 or #cbba7;d7 appli$4  4  7#c7 
,coord9ation ) cr$it = employm5t (      
qualifi$ vet]ans by qualifi$ tax-exempt 
organizations ,section #caaa7;e7 ( su*  
,code is am5d$ by add+ at ! end ! foll[+
 new p>agraph3  7#f7 ,election  7,a7 ,9 
g5]al ,a qualifi$ tax-exempt            
organization may elect to det]m9e !     
cr$it all[$ "u ?is section )\t reg>d to 

! qualifi$ fir/-ye> wages ( any         
individual4  7,b7 ,coord9ation )        
exemption = fir/-ye> wages ( specifi$   
vet]ans ,= exemption = fir/-ye> wages ( 
specifi$ vet]ans to :i* ?is subsection  
does n apply1 see subsection 7f74  4    
7#d7 ,transf]s to ,f$]al ,old-,age &    
,survivors ,insurance ,tru/ ,fund ,!re  
are h]eby appropriat$ to ! ,f$]al       
,old-,age & ,survivors ,tru/ ,fund & !  
,f$]al ,disability ,insurance ,tru/     
,fund e/abli%$ "u section #bja ( !      
,social ,security ,act 7#db ,u4,s4,c4   
#dja7 am\nts equal to ! r$uction 9      
rev5ues to ! ,treasury by reason ( !    
am5dm5ts made by p>agraph 7#a74 ,am\nts 
appropriat$ by ! prec$+ s5t5ce %all be  
transf]r$ f ! g5]al fund at su* times & 
9 su* mann] z to replicate to ! ext5t   
possible ! transf]s :i* w\ld h occurr$  
to su* ,tru/ ,fund _h su* am5dm5ts n be5
 enact$4  7#e7 ,application to ,railroad
 ,retirem5t ,taxes  7,a7 ,9 g5]al       
,section #cbba ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ by r$esignat+    

subsection 7d7 z subsection 7e7 & by    
ins]t+ aft] subsection 7c7 ! foll[+ new 
subsection3  7d7 ,special exemption =   
c]ta9 vet]ans  7#a7 ,9 g5]al ,9 ! case (
 fir/-ye> comp5sation paid by a qualifi$
 employ] aft] ! date ( ! enactm5t ( ?is 
subsection ) respect to hav+ a specifi$ 
vet]an 9 ! employ]'s employ = s]vices   
r5d]$ to su* qualifi$ employ]1 !        
applicable p]c5tage "u subsection 7a7   
%all be equal to ! rate ( tax 9 effect  
"u section #caaa7;b7 = ! cal5d> ye>4    
7#b7 ,limitation ,) respect to any      
specifi$ vet]an employ$ by a qualifi$   
employ]1 ! am\nt ( comp5sation to :i*   
p>agraph 7#a7 applies %all n exce$--    
7,a7 #abe1dij 9 ! case ( an individual  
:o is a qualifi$ vet]an by reason (     
section #ea7;d77#c77;,a77ii77,,ii71     
7,b7 #gc1bjc 9 ! case ( an individual :o
 is a qualifi$ vet]an by reason (       
section #ea7;d77#c77;,a77iv71  7,c7     
#fb1gde 9 ! case ( an individual :o is a
 qualifi$ vet]an by reason ( section    
#ea7;d77#c77;,a77ii77,i71 &  7,d7       

#ca1cgc 9 ! case ( any o!r qualifi$     
vet]an4  7#c7 ,qualifi$ employ] ,! t]m  
#8qualifi$ employ]' means any employ]   
o!r ?an ! ,unit$ ,/ates1 any ,/ate1 or  
any political subdivision !re(1 or any  
in/rum5tality ( ! =ego+4  7#d7 ,specifi$
 vet]an ,= purposes ( ?is subsection--  
7,a7 ,9 g5]al ,! t]m specifi$ vet]an    
means any individual :o--  7i7 beg9s    
employm5t ) a qualifi$ employ] aft] !   
date ( ! enactm5t ( ?is subsection1     
7ii7 c]tifies by sign$ affidavit1 "u    
p5alties ( p]jury1 t su* individual is a
 qualifi$ vet]an & :e!r su* individual  
is a qualifi$ vet]an describ$ 9         
subp>agraph 7,a71 7,b71 or 7,c7 (       
p>agraph 7#b71  7iii7 is n employ$ by ! 
qualifi$ employ] to replace ano!r       
employee ( su* employ] unless su* o!r   
employee sep>at$ f employm5t volunt>ily 
or = cause1 &  7iv7 is n an individual  
describ$ 9 section #ea7;i77#a7 7appli$  
by sub/itut+ qualifi$ employ] = taxpay] 
ea* place x appe>s74  7,b7 ,qualifi$    
vet]an ,! t]m qualifi$ vet]an has !     

mean+ giv5 su* t]m by section           
#ea7;d77#c71 b appli$ )\t reg>d to :e!r 
su* individual has be5 c]tifi$ by !     
designat$ local ag5cy4  7#e7 ,fir/-ye>  
comp5sation ,= purposes ( ?is           
subsection1 ! t]m fir/-ye> comp5sation  
means1 ) respect to any individual1     
comp5sation = s]vices r5d]$ dur+ !      
#a-ye> p]iod beg9n+ ) ! day ! individual
 beg9s "w = ! employ]4  7#f7 ,election  
,a qualifi$ employ] may elect to h ?is  
subsection n apply4 ,su* election %all  
be made 9 su* mann] z ! ,secret>y may   
require4  4  7,b7 ,transf]s to social   
security equival5t b5efit acc\nt ,!re   
are h]eby appropriat$ to ! ,social      
,security ,equival5t ,b5efit ,acc\nt    
e/abli%$ "u section #ae;,a7a7 ( !       
,railroad ,retirem5t ,act ( #aigd 7#de  
,u4,s4,c4 #bcan-#a7;a77 am\nts equal to 
! r$uction 9 rev5ues to ! ,treasury by  
reason ( ! am5dm5ts made by subp>agraph 
7,a74 ,am\nts appropriat$ by ! prec$+   
s5t5ce %all be transf]r$ f ! g5]al fund 
at su* times & 9 su* mann] z to         

replicate to ! ext5t possible ! transf]s
 :i* w\ld h occurr$ to su* ,acc\nt _h   
su* am5dm5ts n be5 enact$4  7c7         
,effective ,dates  7#a7 ,9 g5]al ,!     
am5dm5ts made by subsection 7a7 %all    
apply to individuals :o beg9 "w = !     
employ] aft] ,decemb] #ca1 #bjai4  7#b7 
,exemption f employm5t taxes ,! am5dm5ts
 made by subsection 7b7 %all apply to   
am\nts paid aft] ! date ( ! enactm5t (  
?is ,act4