To amend the Internal Revenue Code of 1986 to extend the work opportunity tax credit and to provide such credit for hiring long-term unemployed individuals.
About This Bill
Committee
Latest Action · February 25, 2014
Referred to the House Committee on Ways and Means.
Amends the Internal Revenue Code to extend the work opportunity tax credit through 2015 and allow the credit for the hiring of a qualified long-term unemployed individual. Defines "qualified long-term unemployed individual" as any individual who: (1) is certified as being in receipt of unemployment compensation during the entire 26-week period ending on the date such individual is hired, or (2) would have received unemployment compensation for such period but had exhausted the right to such compensation.
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