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Increased Tax Credits for Businesses Hiring Disadvantaged Individuals

This act increases tax credits for employers who hire individuals from specific groups, such as veterans or welfare recipients. The goal is to encourage businesses to create new jobs and support employment for those who might face challenges in finding work. These changes could lead to more job opportunities for these groups and potentially more stable employment.
Key points
Businesses can receive larger tax credits for hiring targeted individuals, up to 50% of the first $12,000 in wages.
Increased credits for employers hiring veterans, with higher wage limits for the credit (up to $48,000).
The age limit for Supplemental Nutrition Assistance Program (SNAP) recipients has been removed, allowing more individuals from this group to qualify for employment programs.
Special rules introduced for long-term family assistance recipients, allowing credits for a second year of employment.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_492
Sponsor: Sen. Cassidy, Bill [R-LA]
Process start date: 2025-02-10
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Improve and Enhance the Work Opportunity Tax Credit Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_492.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-02-10.

What are the main provisions?

Key points include:

  • Businesses can receive larger tax credits for hiring targeted individuals, up to 50% of the first $12,000 in wages.
  • Increased credits for employers hiring veterans, with higher wage limits for the credit (up to $48,000).
  • The age limit for Supplemental Nutrition Assistance Program (SNAP) recipients has been removed, allowing more individuals from this group to qualify for employment programs.
  • Special rules introduced for long-term family assistance recipients, allowing credits for a second year of employment.
What is the specific legal status?

The current status is Introduced.

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 Sen. Cassidy, Bill [R-LA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Taxes Labor Benefits