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US HR2060

US HR2060
Improved Employment Outcomes for Foster Youth Act of 2017


summary

Introduced
04/06/2017
In Committee
04/06/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Improved Employment Outcomes for Foster Youth Act of 2017 This bill amends the Internal Revenue Code to expand the Work Opportunity Tax Credit (WOTC) to include the hiring of qualified foster care transition youth. (The WOTC permits employers who hire individuals who are members of a targeted group [e.g., qualified veterans, ex-felons, SSI recipients] to claim a tax credit equal to a portion of the wages paid to those individuals.) A "qualified foster care transition youth" is any individual who is certified by the designated local agency as: (1) not having attained age 27 as of the hiring date, and (2) as having been in foster care after attaining the age specified in provisions of the Social Security Act related to the John H. Chafee Foster Care Independence Program (currently 16 years of age).

AI Summary

This bill amends the Internal Revenue Code to expand the Work Opportunity Tax Credit (WOTC) to include the hiring of qualified foster care transition youth. The WOTC is a tax credit that employers can claim for hiring individuals from certain targeted groups, such as qualified veterans and ex-felons. Under this bill, a "qualified foster care transition youth" is defined as an individual who is certified as not having attained the age of 27 at the time of hiring and having been in foster care after reaching the age specified in the Social Security Act's John H. Chafee Foster Care Independence Program, which is currently 16 years old. The amendments made by this bill would apply to individuals who begin work for the employer after the date of enactment.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Referred to the House Committee on Ways and Means. (on 04/06/2017)

bill text


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