What does Preamble of INVEST Act do?

This bill aims to amend the Internal Revenue Code of 1986 The amendment provides the work opportunity tax credit The tax credit applies to hiring veterans in renewable energy

What does SHORT TITLE. of INVEST Act do?

This bill is formally titled the ``Incentives for our Nation's Veterans in Energy Sustainability Technologies Act''.

What does WORK OPPORTUNITY TAX CREDIT FOR VETERANS HIRED IN THE FIELD OF of INVEST Act do?

This section amends the Internal Revenue Code of 1986 to include certain veterans hired in the field of renewable energy as members of a targeted group for the Work Opportunity Tax Credit. The amendment applies to veterans who are certified by a designated local agency as having received a credential or certification in a field of renewable energy or related skills. The Secretary of the Treasury shall pay to each possession of the United States amounts equal to the loss to that possession by reason of the amendment. The credit allowed against United States income taxes is reduced by the amount of any credit allowed to a person against income taxes imposed by a possession of the United States. The amendment applies to individuals who begin work for the employer after December 31, 2025.

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INVEST Act

Last updated: 5/13/2026 · Introduced: 5/13/2026

Author: Yvette Clarke (D-NY)

TL;DR (AI)

The INVEST Act expands the Work Opportunity Tax Credit to include veterans hired in renewable energy who possess relevant credentials.
Employers who hire qualifying veterans in renewable energy fields may be eligible for a tax credit.
U.S. possessions will receive payments to offset revenue losses resulting from the tax credit extension.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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