Section 1 Short title
This Act may be cited as the “Honor and Hire Veterans Act of 2025”.
Honor and Hire Veterans Act of 2025
A BILL
To amend the Internal Revenue Code of 1986 to allow an increased work opportunity credit with respect to veterans, and for other purposes.
Sec. 2 Work opportunity credit for veterans
In general— Section 51(a) of the Internal Revenue Code of 1986 is amended by striking “equal to” and all that follows and inserting the following:
“(1) in the case of a qualified veteran, 50 percent of the qualified first-year wages for such year, and
“(2) in all other cases, 40 percent of the qualified first-year wages for such year.”
Increased limitation on wages taken into account for veterans— Section 51(b)(3) of such Code is amended—
by striking “$12,000” and inserting “$18,000”,
by striking “$14,000” and inserting “$21,000”, and
by striking “$24,000” and inserting “$36,000”.
Conforming amendments relating to individuals not meeting minimum employment periods— Section 51(i)(3)(A) of such Code is amended by striking “employer” and all that follows and inserting the following:
“(i) subsection (a)(1) shall be applied by substituting “25 percent” for “50 percent”, and
“(ii) subsection (a)(2) shall be applied by substituting “25 percent” for “40 percent”.”
Effective date— The amendments made by this section shall apply to individuals who begin work for the employer after the date of the enactment of this Act.