Improve and Enhance the Work Opportunity Tax Credit Act

This bill would extend the federal work opportunity tax credit, which employers can claim for hiring people from certain targeted groups, through December 31, 2030. It would change the credit to 50 percent of the first $6,000 of first-year wages, plus 50 percent of the next $6,000 for workers who have worked at least 400 hours, with the dollar amounts adjusted for inflation after 2025. It would remove the upper age limit of 40 for food assistance (SNAP) recipients to qualify and would add spouses of members of the Armed Forces as a new targeted group. It would also direct the Treasury, Commerce, and Labor departments and the Small Business Administration to promote hiring of targeted group members to business leaders in industries such as manufacturing, energy, health care, and construction.

Full text and official record on Congress.gov

Sponsors

• Bill Cassidy Republican sponsor
• 14 cosponsors