INVEST Act

Summary

Incentives for our Nation's Veterans in Energy Sustainability Technologies or the INVEST Act This bill allows the work opportunity tax credit to be used for the hiring of a specified veteran who works in a field of renewable energy. A "specified veteran" means any veteran who is certified as (1) having received a credential or certification from the Department of Defense of a military occupational specialty or skill in a field of renewable energy or with respect to advanced manufacturing, machinist or welding, or engineering; (2) having completed a vocational degree in a field of renewable energy; or (3) having completed a LEED (Leadership in Energy & Environmental Design) certification with the United States Green Building Council. The Department of the Treasury shall pay (1) each U.S. possession (i.e., American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, the Commonwealth of Puerto Rico, and the U.S. Virgin Islands) with a mirror code tax system amounts equal to the loss to such possession due to this bill; and (2) each U.S. possession without such a tax system an amount estimated to equal the loss to such possession that would have occurred due to this bill if such a tax system had been in effect.

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Timeline

1. 8 January 2019

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 8 January 2019

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 January 2019

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 January 2019 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 January 2019

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 January 2019

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 8 January 2019

  Open at official source

Sponsors

• Barbara Lee · D · Sponsor
• Rep. Garamendi, John [D-CA-8] · D · Sponsor
• · hswm00 · Standing

Related records

• related to → INVEST Act
• related to ← INVEST Act