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Tax Credits for Businesses Hiring Youth and Disconnected Individuals.

This act modifies tax credits for businesses that hire young people, including high school students and individuals who have struggled to find employment. The goal is to encourage employers to create new job opportunities for these groups, potentially helping young people gain work experience and improve their financial situation.
Key points
Businesses can receive tax credits for hiring high school students year-round, not just during summer, provided students work up to 20 hours per week during the school year.
A new tax credit is introduced for businesses hiring "disconnected youth" – individuals aged 16-25 who haven't attended school or worked for the past 6 months, or former foster children aged 16-21.
These changes aim to facilitate young people's entry into the job market and help them gain initial work experience, potentially leading to better career prospects.
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Additional Information
Print number: 118_HR_2841
Sponsor: Rep. Kelly, Robin L. [D-IL-2]
Process start date: 2023-04-25