Congresswoman Hochul Votes In Favor Of Veterans Job Legislation

Statement

Date: Nov. 16, 2011
Issues: Veterans

Congresswoman Kathy Hochul issued the following statement after voting for the VOW to Hire Heroes Act, which will help put veterans back to work and strengthen our nation's economy:

"Today, I was proud to support and help pass the VOW to Hire Heroes Act, which will help put veterans back to work across our country, while helping small businesses grow.

"This legislation will ensure our veterans, as well as our active military returning home from battle, have the proper training, in addition to the opportunities, to get back to work and help grow the American economy.

"Our nation is currently struggling with unprecedented unemployment. With veterans returning from battle in Iraq and Afghanistan facing even higher unemployment, we must do everything we can to ensure our troops have an honest job to come home to after bravely serving our country.

"Once signed into law, this bill will provide tax credits to small businesses that hire long-term, unemployed veterans, as well as provide incentives to businesses that hire wounded veterans.

"The men and women of the U.S. Armed Forces have done everything in their power to protect our freedom and democracy, and now it is our turn to protect them."

Among other features, this Veterans Jobs Bill will:

● Enact the "Returning Heroes" Tax Credit, which will supply employers who hire veterans out of work for six months with a $5,600 tax credit.
Enact the "Wounded Warriors" Tax Credit, which will supply employers who hire veterans out of work for six months and who have a service-connected disability with a $9,600 tax credit.
● Expand education and training opportunities for older veterans by providing 100,000 unemployed veterans with up to 1 year of additional Montgomery GI benefits to go towards education or training programs at community colleges or technical schools.
● Provide disabled veterans with up to 1 year of additional Vocational Rehabilitation and Employment Benefits.


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