Minimum Wage Increase and Work Opportunity Tax Credit Act of 1996

Summary

Minimum Wage Increase and Work Opportunity Tax Credit Act of 1996 - Amends the Fair Labor Standards Act of 1938 to increase the minimum wage rate from the current $4.25 per hour to: (1) $4.75 per hour for one year beginning 90 days after enactment of this Act; and (2) $5.25 per hour after that year. Amends the Internal Revenue Code to provide for a new work opportunity tax credit. Redesignates the current targeted jobs credit as the work opportunity credit. Revises the amount of such credit, members of targeted groups, minimum employment period for eligibility, and termination of the period of new wage payments to which the credit applies.

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

Timeline

1. 1 May 1996

   Introduced

   Introduced in House

   Source: IntroReferral

2. 1 May 1996

   Introduced

   Introduced in House

   Source: IntroReferral

3. 1 May 1996

   Introduced

   Referred to the Committee on Economic and Educational Opportunities, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

4. 1 May 1996

   Introduced

   Referred to the Committee on Economic and Educational Opportunities, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

5. 17 May 1996

   Referred

   Referred to the Subcommittee on Workforce Protections.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 1 May 1996 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 1 May 1996

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 1 May 1996

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 1 May 1996

  Open at official source

Sponsors

• Rep. Houghton, Amo [R-NY-34] · R · Sponsor
• Rep. Roberts, Pat [R-KS-1] · R · Sponsor
• Rep. Johnson, Nancy L. [R-CT-6] · R · Cosponsor
• Rep. Boehlert, Sherwood [R-NY-25] · R · Cosponsor
• · hsed00 · Standing
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.