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HR 4840 114th Congress House Taxation Correctional facilities and imprisonment Employee hiring Income tax credits Wages and earnings

Hire For a Second Chance Act of 2016

Introduced: March 22, 2016 Introduced by: Watson Coleman, Bonnie Democratic · New Jersey See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 22, 2016
Referred to the House Committee on Ways and Means.
Mar 22, 2016
Introduced in House
 Plain-English summary Congressional Research Service

Hire For a Second Chance Act of 2016

This bill amends the Internal Revenue Code, with respect to the work opportunity tax credit, to: (1) make such credit permanent; (2) increase to $14,000, for ex-felons, the amount of wages that may be taken into account for purposes of computing the credit; and (3) increase from one to three years the period after the conviction or release of an ex-felon during which an employer may hire an ex-felon and claim a work opportunity tax credit for such hiring.

What's happening now March 22, 2016

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1