HR 3449 · 117th Congress · Taxation
HIRE Act of 2021
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2021-05-20)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (18)
18 Democrats