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S 427 107th Congress Senate

Small Business Jobs Tax Credit Act of 2001

Official title: A bill to amend the Internal Revenue Code of 1986 to expand the work opportunity tax credit for small business jobs creation.

Introduced: March 1, 2001 See on congress.gov
Taxation Business income taxCommerceEmployment tax creditsEnterprise zones
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Income taxLabor and EmploymentSmall businessUrban affairs
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 1, 2001
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1763-1764)
Mar 1, 2001
Sponsor introductory remarks on measure. (CR S1761-1762, S1766-1767)
Mar 1, 2001
Introduced in Senate
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 Latest action March 1, 2001

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1763-1764)

 Plain-English summary Congressional Research Service
Small Business Jobs Tax Credit Act of 2001 - Amends the Internal Revenue Code to include a "qualified small business employee" (an employee who is either hired by a qualified small business located in a development zone or who is hired by a qualified small business and who lives in such a zone) as a member of a targeted group for purposes of computing the work opportunity credit.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Schumer, Charles E.
New York · Mar 1, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). S. 427: Small Business Jobs Tax Credit Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-S-427/
MLA
"S. 427: Small Business Jobs Tax Credit Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-427/.
Bluebook (legal)
S. 427, 107th Cong. (2026), https://openamerica.io/bill/107-S-427/.
Markdown link
[S. 427: Small Business Jobs Tax Credit Act of 2001](https://openamerica.io/bill/107-S-427/)
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