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United States · Bill · HR

H.R. 2680 (115th)

Small Business Tax Relief and Jobs Act of 2017

referredUnited States· United States Congress· EN

Introduced

25 May 2017

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

Small Business Tax Relief and Jobs Act of 2017 This bill amends the Internal Revenue Code to allow eligible small businesses an annual tax credit equal to 3.825% of the wages paid to up to three newly hired employees. The wages taken into account with respect to any employee may not exceed $100,000 per year. An "eligible small business" must have under $1.5 million in gross receipts and no more than 20 full-time employees during the preceding taxable year.

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Documents

3 official files

Introduced in House (text)

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