HR 4840 · 114th Congress · Taxation
Hire For a Second Chance Act of 2016
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2016-03-22)
Plain Language Summary
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Hire For a Second Chance Act of 2016 This bill amends the Internal Revenue Code, with respect to the work opportunity tax credit, to: (1) make such credit permanent; (2) increase to $14,000, for ex-felons, the amount of wages that may be taken into account for purposes of computing the credit; and (3) increase from one to three years the period after the conviction or release of an ex-felon during which an employer may hire an ex-felon and claim a work opportunity tax credit for such hiring.…
Summarized by Claude AI · Non-partisan · For informational purposes only