Establishes a tax credit for private cemeteries attaching veteran medallions to headstones.
The Veteran Headstone Honor Act amends the Internal Revenue Code to create a tax credit for expenses incurred by private cemeteries when attaching veteran medallions to headstones. This credit applies to expenses paid after the enactment of the Act. The credit is part of the general business credit and requires certification and an itemized statement of expenditures. The Secretary, in consultation with the Secretary of Veterans Affairs, will issue necessary regulations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.