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HR 3449 117th Congress House Taxation Employee hiring Food assistance and relief Income tax credits Poverty and welfare assistance Unemployment Veterans' education, employment, rehabilitation Wages and earnings Youth employment and child labor

HIRE Act of 2021

Introduced: May 20, 2021 Introduced by: Suozzi, Thomas R. Democratic · New York See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 20, 2021
Referred to the House Committee on Ways and Means.
May 20, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Hiring Incentive to Return Employment Act of 2021 or the HIRE Act of 2021

This bill increases the rate of the work opportunity tax credit from 40% to 50% of wages paid to members of the targeted groups eligible for such credit over a two-year period. It also increases to $10,000 the amount of wages taken into account for purposes of the credit.

What's happening now May 20, 2021

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1