WASHINGTON, D.C.– Congresswoman Loretta Sanchez (CA-47), senior member of the House Armed Services Committee, on Thursday offered the final amendment to the Regulatory Flexibility Improvements Act of 2011, H.R. 527. Rep. Sanchez’ motion to recommit, which did not pass, would have ensured that H.R. 527 does not prohibit the implementation of recently passed incentives that help small businesses to hire veterans.
“At the urging of Congressional Democrats, the House of Representatives recently considered President Obama’s veterans’ jobs proposal, the VOW to Hire Heroes Act. In a rare show of bipartisanship, Democrats and Republicans came together to pass this legislation to help put veterans back to work, without a single vote in opposition of the bill.
“Now House Republicans have voted in favor of legislation which will prohibit the implementation of the same incentives they voted in favor of two weeks ago. Tax credits in this bill will require additional regulations to be implemented in order for small businesses to access the tax credits made available by the VOW to Hire Heroes Act.
“We want our small businesses to have the incentives they need to hire those who have defended our country so bravely. The regulations passed tonight will only create more hurdles for small businesses looking to hire the veterans who kept our country safe. This legislation is short-sighted and I am incredibly disappointed that my amendment to protect jobs for veterans has failed.”