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United States · Bill · S

S. 2436 (95th)

A bill to amend the Internal Revenue Code of 1954 to provide a tax credit to employers who hire unemployed youths.

referredUnited States· United States Congress· EN

Introduced

26 January 1978

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Amends the Internal Revenue Code to: (1) remove the limitation on the amount of the income tax credit allowed employers who hire unemployed individuals; (2) make the credit refundable; (3) limit the types of tax against which the credit may be applied; and (4) restrict its application to the hiring of individuals between the ages of 16 and 19.

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Versions

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Documents

1 official file

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Sources

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