A bill to amend the Internal Revenue Code of 1986 to provide that the targeted jobs tax credit shall not be allowed for wages paid during the period of a labor dispute.

Summary

Amends the Internal Revenue Code to revise the definition of "wages" for purposes of determining the amount of the targeted jobs credit against income tax. Excludes from the wages applicable to such credit any amount paid by an employer to an employee for services performed during the period of a strike or lockout when such employee's principal place of employment is the affected plant or facility.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 29 April 1987

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.