A bill to amend the Internal Revenue Code of 1954 to extend the credit for the employment of certain new employees, to include as a targeted group for purposes of such credit certain individuals who have exhausted their rights to unemployment benefits, and for other purposes.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to extend the targeted jobs tax credit from 1982 to 1987. Treats as members of a targeted group certain individuals who have either: (1) exhausted rights to extended unemployment compensation during 1982 to 1983; or (2) exhausted rights to regular benefits during 1982 or 1983 and are eligible for trade adjustment allowances.…