HR 3681
112th Congress
House
Taxation
Employee hiring
Income tax credits
Unemployment
One New Employee Act of 2011
Introduced: December 15, 2011
Introduced by:
Webster, Daniel
Republican
· Florida
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 15, 2011
Referred to the House Committee on Ways and Means.
Dec 15, 2011
Introduced in House
Plain-English summary
One New Employee Act of 2011 - Amends the Internal Revenue Code to allow certain business entities, including S corporations, partnerships, trusts, estates, tax-exempt cooperatives, or sole proprietorships, a business-related tax credit for hiring individuals who received federal or state unemployment compensation for not less than one week in the one-year period prior to hiring. Limits the maximum amount of such credit for each entity to $5,000. Terminates such credit after 2016.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1