Enhances the Work Opportunity Tax Credit to incentivize hiring of targeted groups.
The bill amends the Internal Revenue Code to improve and enhance the Work Opportunity Tax Credit. It increases the credit percentage for certain veterans and extends the credit through 2030. It removes the age limit for qualified Supplemental Nutrition Assistance Program benefits recipients and long-term family assistance recipients. It also makes spouses of military personnel eligible for the credit. The bill mandates the promotion of hiring targeted group members to business leaders in critical sectors.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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