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United States · Bill · HR

H.R. 3681 (112th)

One New Employee Act of 2011

referredUnited States· United States Congress· EN

Introduced

15 December 2011

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

One New Employee Act of 2011 - Amends the Internal Revenue Code to allow certain business entities, including S corporations, partnerships, trusts, estates, tax-exempt cooperatives, or sole proprietorships, a business-related tax credit for hiring individuals who received federal or state unemployment compensation for not less than one week in the one-year period prior to hiring.  Limits the maximum amount of such credit for each entity to $5,000. Terminates such credit after 2016.

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Documents

3 official files

Introduced in House (text)

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