HR 2313
115th Congress
House
Taxation
Employee hiring
Income tax credits
Small business
Unemployment
Wages and earnings
Small Business Relief and Job Creation Act
Introduced: May 3, 2017
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 4, 2017
Sponsor introductory remarks on measure. (CR H4114)
May 3, 2017
Referred to the House Committee on Ways and Means.
May 3, 2017
Introduced in House
Plain-English summary
Small Business Relief and Job Creation Act
This bill amends the Internal Revenue Code to allow small business employers whose gross receipts in the preceding taxable year did not exceed $20 million or who did not employ more than 100 full-time employees during the preceding taxable year a work opportunity tax credit for hiring unemployed individuals as full-time employees (at least 30 hours per week for 35 or more calendar weeks in the taxable year) during 2018 or 2019. The bill doubles the rate of such credit for employers located in counties with unemployment rates that exceed the national rate of unemployment.
What's happening now
Sponsor introductory remarks on measure. (CR H4114)
Committees of jurisdiction
1