H.R. 8786In committeeJobs & the economy
New Work Opportunity Tax Credit expansion targets veterans in clean energy hiring
Data as of July 11, 2026
Starting in 2026, businesses that hire veterans with clean energy skills or credentials may receive a federal tax credit on those wages.50-second read · 4 questions answered below
Decoded
What does this do?
This bill adds a new category to an existing federal tax credit 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.
Where does it stand?
- Introduced
- House committee — You are here
- House vote
- Senate
- 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.
AI-drafted summary. Verify it against the official text before you act on it.
Three steps: where you stand, your script, the call.
Make the callSee how a call works
Official title
INVEST Act
- Introduced:
- May 13, 2026
- Latest action:
- May 13, 2026
Referred to the House Committee on Ways and Means.
Read the official bill on Congress.govMake the call
Three steps: where you stand, your script, the call.