S 5370 · 118th Congress · Taxation

Improve and Enhance the Work Opportunity Tax Credit Act

Introduced 2024-11-21· Sponsored by Sen. Cassidy, Bill [R-LA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2024-11-21)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 5370 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 5370 To amend the Internal Revenue Code of 1986 to improve and enhance the work opportunity tax credit, to encourage longer-service employment, and to modernize the credit to make it more effective as a hiring incentive for targeted workers, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES November 21, 2024 Mr. Cassidy (for himself and Ms. Hassan) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to improve and enhance the work opportunity tax credit, to encourage longer-service employment, and to modernize the credit to make it more effective as a hiring incentive for targeted workers, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Improve a…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat