S 2455
97th Congress
Senate
Taxation
Children and youth
Education
Employer incentives
Employment and training programs
Full employment policies
Income tax
Labor and Employment
Students
Tax credits
Youth employment
A bill to extend the Targeted Jobs Tax Credit.
Introduced: April 28, 1982
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 3, 1982
Committee on Finance requested executive comment from OMB; Treasury Department.
Apr 28, 1982
Read twice and referred to the Committee on Finance.
Apr 28, 1982
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to extend until December 31, 1987, the authority for the targeted jobs income tax credit.
Extends the credit to all cooperative education students regardless of their economic status.
Disallows the credit for employees who have worked for the same employer within the last 180 days.
Limits the credit claimed on any individual to $4,500.
What's happening now
Committee on Finance requested executive comment from OMB; Treasury Department.
Committees of jurisdiction
1
Cosponsors
1