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United States · Bill · HR

H.R. 983 (99th)

A bill to amend the Internal Revenue Code of 1954 to revise and extend the targeted jobs credit.

openUnited States· United States Congress· EN

Introduced

6 February 1985

Last action

19 March 1985 · Committee

Status

Subcommittee Hearings Held.

Sponsors

Rep. Rangel, Charles B. [D-NY-15], Rep. Wheat, Alan [D-MO-5], Rep. Campbell, Carroll A., Jr. [R-SC-4], Rep. Guarini, Frank J. [D-NJ-14], Rep. Myers, John T. [R-IN-7], Rep. Boehlert, Sherwood [R-NY-24], Rep. Jacobs, Andrew, Jr. [D-IN-10], Rep. Downey, Thomas J. [D-NY-2], Rep. Moakley, John Joseph [D-MA-9], Rep. Kindness, Thomas N. [R-OH-8], Rep. Tallon, Robert M. (Robin) [D-SC-6], Rep. Collins, Cardiss [D-IL-7], Rep. Savage, Gus [D-IL-2], Del. Fauntroy, Walter E. [D-DC-At Large], Rep. Conyers, John, Jr. [D-MI-13], Rep. Towns, Edolphus [D-NY-10], Rep. Applegate, Douglas [D-OH-18], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. Frost, Martin [D-TX-24], Sen. McCain, John [R-AZ], Rep. Stark, Fortney Pete [D-CA-13], Rep. Duncan, John J. [R-TN-2], Rep. Coelho, Anthony Lee [D-CA-15], Rep. Kolter, Joseph P. [D-PA-4], Rep. Bonior, David E. [D-MI-10], Rep. Garcia, Robert [D-NY-18], Rep. Fascell, Dante B. [D-FL-19], Sen. Fowler, Wyche, Jr. [D-GA], Rep. Biaggi, Mario [D-NY-19], Rep. Lehman, William [D-FL-17], Rep. Wortley, George C. [R-NY-27], Rep. Henry, Paul B. [R-MI-5], Rep. Chappie, Eugene A. [R-CA-2], Rep. Crockett, George W., Jr. [D-MI-13], Rep. Eckart, Dennis E. [D-OH-11], Rep. Murphy, Austin J. [D-PA-20], Rep. McMillan, J. Alex [R-NC-9], Rep. Ortiz, Solomon P. [D-TX-27], Rep. Richardson, Bill [D-NM-3], Rep. Torres, Esteban Edward [D-CA-34], Rep. Brooks, Jack B. [D-TX-9], Rep. Whitehurst, G. William [R-VA-2], Rep. Flippo, Ronnie G. [D-AL-5], Rep. Rose, Charlie [D-NC-7], Rep. Kaptur, Marcy [D-OH-9], Rep. Cooper, Jim [D-TN-5], Rep. Boucher, Rick [D-VA-9], Rep. Hawkins, Augustus F. [D-CA-29]

Subjects

Taxation

Source updated

7 February 2024

Taxation

Official sourceView documentsShare

Summary

Amends the Internal Revenue Code to extend the targeted jobs income tax credit from 1985 to 1990. Increases the amount of wages which may be taken into account for such credit from $6,000 to $10,000 per year. Revises the definition of "members of economically disadvantaged families" to increase from 70 percent to 80 percent of the Bureau of Labor Statistics' lower living standard the amount of income a family may have in order to qualify as a member of a targeted group.

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

Timeline

  1. 6 February 1985

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 6 February 1985

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 6 February 1985

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 21 February 1985

    Referred

    Referred to Subcommittee on Select Revenue Measures.

    Source: Committee

  5. 19 March 1985

    Committee

    Subcommittee Hearings Held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

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Related records

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Sources

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