Extends and enhances the Work Opportunity Tax Credit through 2030, increasing credit percentages and expanding eligibility.

The bill amends the Internal Revenue Code to extend the Work Opportunity Tax Credit through December 31, 2030. It increases the credit percentage for qualified first-year wages and qualified second-year wages, and removes the age limit for qualified supplemental nutrition assistance program benefits recipients. The bill also expands eligibility to include qualified military spouses and removes the minimum employment period requirement for certain veterans. The amendments apply to wages paid after the enactment date to individuals who begin work after December 31, 2025.

Extends and enhances the Work Opportunity Tax Credit through 2030, increasing credit percentages and expanding eligibility.

The bill amends the Internal Revenue Code to extend the Work Opportunity Tax Credit through December 31, 2030. It increases the credit percentage for qualified first-year wages and qualified second-year wages, and removes the age limit for qualified supplemental nutrition assistance program benefits recipients. The bill also expands eligibility to include qualified military spouses and removes the minimum employment period requirement for certain veterans. The amendments apply to wages paid after the enactment date to individuals who begin work after December 31, 2025.