House to Consider “Hire More Heroes” Bill in January

Veterans with military health benefits should not be counted toward the small business coverage requirements mandated by the Patient Protection and Affordable Care Act (PPACA) (P.L. 111-148), House Majority Leader Kevin McCarthy, R-Calif., said recently.

In January, the House will take action to ensure that businesses with 50 or more full-time equivalent employees will not face a penalty if they hire veterans with coverage under TRICARE or the VA. 

The Hire More Heroes Bill (HR 3474) would exempt smaller companies from the PPACA’s employer mandate and penalties when they hire veterans.  The bill passed the House with a strong bipartisan vote in March (TAXDAY, 2014/03/12, C.4), but stalled in the Senate.

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