Reducing Long-Term Unemployment Act

Summary

Reducing Long-Term Unemployment Act This bill amends the Internal Revenue Code to extend until December 31, 2017, the suspension of employment and railroad retirement taxes for employers who hire unemployed individuals.  The aggregate reduction in taxes from such suspension is limited to $5,000 per employee. The bill modifies the unemployment requirement to require a signed affidavit from the unemployed individual that, during the entire 27-week period ending on the hiring date, such individual: (1) was receiving federal or state unemployment compensation, or (2) was unemployed and would have received unemployment compensation except for having exhausted the right to receive such compensation during such period.

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Timeline

1. 23 February 2016

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 23 February 2016

   Introduced

   Sponsor introductory remarks on measure. (CR E192)

   Source: IntroReferral

3. 23 February 2016

   Introduced

   Introduced in House

   Source: IntroReferral

4. 23 February 2016

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 23 February 2016 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 23 February 2016

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 23 February 2016

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 23 February 2016

  Open at official source

Sponsors

• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Sponsor
• · hswm00 · Standing

Related records

• related to → Reducing Long-Term Unemployment Act