RECRUIT Act of 2024

Bill 118 hr 10147, also known as the "Employer Reservist Credit Act," aims to amend the Internal Revenue Code of 1986 to provide a tax credit for employers who hire and retain members of the reserve components of the United States Armed Forces.

The bill proposes a credit against tax for employers who employ reservists, helping to incentivize businesses to hire and support members of the military reserves. This credit would help offset the costs associated with employing reservists, such as training and deployment expenses.

The goal of this legislation is to recognize the valuable contributions of reservists to national security and to support their integration into the civilian workforce. By providing a tax credit to employers who hire and retain reservists, the bill seeks to promote the hiring of these individuals and ensure they receive the support they need to balance their military service with their civilian careers. Overall, the Employer Reservist Credit Act aims to strengthen the relationship between the military and civilian sectors, support reservists in their dual roles, and promote national security by encouraging the employment of individuals who serve in the reserve components of the Armed Forces.