New Work Opportunity Tax Credit expansion targets veterans in clean energy hiring
In committeeH.R. 8786Latest action
Sponsor: Yvette D. Clarke · Representative · NY
AIDecoded by AI · checked against the recordRead the official text
Official title: INVEST Act
119th Congress
Topics: Jobs & the economy
Introduced:
Read the official bill on Congress.govIn plain words
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Starting in 2026, businesses that hire veterans with clean energy skills or credentials may receive a federal on those wages.
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What does this do?
This bill adds a new category to an existing federal program that already rewards employers for hiring certain workers. Businesses would receive a tax credit on wages paid to qualifying veterans working in renewable energy jobs. The credit applies only to wages for renewable energy work, not any other duties the veteran performs.
Who does it affect?
Renewable energy businesses that hire qualifying veterans would see a reduction in their federal taxes. Veterans qualify if they held a military specialty in renewable energy, advanced manufacturing, welding, or engineering, or earned a vocational degree in renewable energy within the past year, or hold a LEED green building certification.
Why does it matter?
Because hiring a qualifying veteran reduces an employer's tax bill, veterans with these credentials may become more competitive candidates for renewable energy jobs. The bill also extends this same tax treatment to businesses operating in U.S. territories such as Puerto Rico and Guam.
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Where does it stand?
- IntroducedMay 13, 2026
- House committeeYou are here · May 13, 2026
- House vote
- Senate
- The president's desk
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Referred to the House Committee on Ways and Means.