Jobs for Veterans Act of 2019

“(l) Special rules for veterans—For purposes of this subpart—

“(1) In general—In the case of an individual who is an applicable veteran who begins work for the employer after December 31, 2019, and before January 1, 2024, the following rules shall apply:

“(A) Applicable veteran—Such individual shall be treated as a member of a targeted group.

“(B) Increased percentage—Subsection (a) shall be applied by substituting “100 percent” for “40 percent”.

“(C) Wage limitation—Paragraph (3) of subsection (b) shall be applied—

“(i) by substituting “$5,000” for “$6,000”, and

“(ii) without regard to the parenthetical therein.

“(D) Minimum employment periods—Subparagraph (A) of subsection (i)(3) shall be applied by substituting “0 percent” for “25 percent”.

“(E) Disabled veterans—In the case of such an individual who is a qualified veteran by reason of subsection (d)(3)(A)(ii), the credit determined with respect to such individual under the rules of this subsection shall be in addition to any credit allowable with respect to such individual under this section determined without regard to this subsection.

“(2) Applicable veteran—The term applicable veteran means any veteran (as defined in subsection (d)(3)(B)) who is certified by the designated local agency as having been discharged or released from active duty in the Armed Forces of the United States after September 11, 2001.

“(3) Election to have subsection not apply—A taxpayer may elect (at such time and in such form and manner as the Secretary shall prescribe) to have this subsection not apply with respect to an individual for any taxable year.”