HR 1177 · 119th CongressIn Committeecongress.gov ↗

Improve and Enhance the Work Opportunity Tax Credit Act

What this bill does

AI plain-language summary

This bill changes a tax credit that employers can get for hiring people from certain groups. Right now, employers can get a credit equal to 40% of up to $6,000 in wages they pay these workers in their first year. The bill increases this to 50% of up to $6,000, or 50% of up to $12,000 if the worker puts in at least 400 hours during the year. The bill also removes the age limit for people who receive food stamp benefits, so employers can get the tax credit for hiring anyone 18 or older who gets food stamps.

Introduced

February 10, 2025

Policy Area

Taxation

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