S 2629 · 94th Congress ·

Employment Tax Credit Act

Introduced 1975-11-06· Sponsored by Sen. Bentsen, Lloyd M. [D-TX]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1975-11-06)

Plain Language Summary

[AI summary unavailable — showing source text] Employment Tax Credit Act - Allows a tax credit under the Internal Revenue Code for 10 percent of the wages paid by a taxpayer to a previously unemployed individual. Limits the credit to $800 per eligible employee.…

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

Cosponsors (6)

3 Democrats3 Republicans