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Bill > HR3947


US HR3947

US HR3947
To amend the Internal Revenue Code of 1986 to extend for one year the work opportunity tax credit.


summary

Introduced
01/28/2014
In Committee
01/28/2014
Crossed Over
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to extend for one year the work opportunity tax credit.

AI Summary

This bill proposes to extend the Work Opportunity Tax Credit, a tax incentive for employers who hire individuals from certain target groups facing employment barriers, by one year. Specifically, it amends the Internal Revenue Code of 1986 to change the expiration date of this credit from December 31, 2013, to December 31, 2014, meaning the extension applies to individuals who start working for an employer after December 31, 2013.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to the House Committee on Ways and Means. (on 01/28/2014)

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