HR 3449 · 117th Congress · Taxation

HIRE Act of 2021

Introduced 2021-05-20· Sponsored by Rep. Suozzi, Thomas R. [D-NY-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-05-20)

Plain Language Summary

[AI summary unavailable — showing source text] 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