Improve and Enhance the Work Opportunity Tax Credit Act

This bill changes the federal work opportunity tax credit, which employers can claim for hiring workers from certain targeted groups. It extends the credit through December 31, 2030, and sets the credit at 50 percent of a worker's first $6,000 in first-year wages, plus 50 percent of the next $6,000 if the worker has done at least 400 hours of service. These dollar amounts would be adjusted each year for inflation. The bill also removes the under-40 age limit for hiring people who receive SNAP food assistance and adds spouses of members of the U.S. Armed Forces as a new targeted group. It directs several federal agencies to promote hiring of targeted group members to businesses in industries such as manufacturing, energy, health care, and construction.

Full text and official record on Congress.gov

Sponsors

• Lloyd Smucker Republican sponsor
• 31 cosponsors