A bill to amend the Internal Revenue Code of 1986 to provide that the targeted jobs tax credit shall not be allowed for wages paid during the period of a labor dispute.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to revise the definition of "wages" for purposes of determining the amount of the targeted jobs credit against income tax. Excludes from the wages applicable to such credit any amount paid by an employer to an employee for services performed during the period of a strike or lockout when such employee's principal place of employment is the affected plant or facility.…