HR 7043
97th Congress
House
Taxation
Business and commerce
Employer incentives
Full employment policies
Income tax
Labor and Employment
Tax credits
Tax incentives
Jobs Incentive Act of 1982
Introduced: August 19, 1982
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 19, 1982
Referred to House Committee on Ways and Means.
Aug 19, 1982
Introduced in House
Plain-English summary
Jobs Incentive Act of 1982 - Amends the Internal Revenue Code to allow an income tax credit for each new employee position created by an employer in an area of substantial unemployment. Sets the amount of such credit at $1,000 for each new permanent employee position and $500 for each new temporary employee position.
Defines "area of substantial unemployment" as any county, within the United States, in which the local unemployment rate exceeds the national unemployment rate.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1