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Tax Credit for Hiring Disaster Victims

This act introduces a new tax credit for businesses that hire individuals displaced by natural disasters. The goal is to help communities recover by facilitating re-employment for victims and supporting local economies.
Key points
Businesses can receive a tax credit for hiring individuals whose homes became uninhabitable or workplaces were destroyed due to a disaster.
The credit applies to individuals who were unemployed after the disaster and hired within one year of its end.
The disaster must be officially declared by the U.S. President on or after January 1, 2024.
The credit does not apply to employment outside the disaster zone if the employee works 30 or more hours per week.
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Additional Information
Print number: 118_HR_10423
Sponsor: Rep. Crockett, Jasmine [D-TX-30]
Process start date: 2024-12-16
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

HIRE CREDIT Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_10423.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-12-16.

What are the main provisions?

Key points include:

  • Businesses can receive a tax credit for hiring individuals whose homes became uninhabitable or workplaces were destroyed due to a disaster.
  • The credit applies to individuals who were unemployed after the disaster and hired within one year of its end.
  • The disaster must be officially declared by the U.S. President on or after January 1, 2024.
  • The credit does not apply to employment outside the disaster zone if the employee works 30 or more hours per week.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Crockett, Jasmine [D-TX-30].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

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