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United States · Bill · S

S. 2455 (97th)

A bill to extend the Targeted Jobs Tax Credit.

openUnited States· United States Congress· EN

Introduced

28 April 1982

Last action

3 May 1982 · Committee

Status

Committee on Finance requested executive comment from OMB; Treasury Department.

Sponsors

Sen. Heinz, John [R-PA], Sen. Domenici, Pete V. [R-NM], Sen. Bentsen, Lloyd M. [D-TX], Sen. Durenberger, Dave [R-MN], Sen. Matsunaga, Spark M. [D-HI], Sen. Bradley, Bill [D-NJ], Sen. Chafee, John H. [R-RI], Sen. Symms, Steven D. [R-ID], Sen. Grassley, Chuck [R-IA], Sen. Moynihan, Daniel Patrick [D-NY], Sen. Baucus, Max [D-MT], Sen. Mitchell, George J. [D-ME], Sen. Hawkins, Paula [R-FL], Sen. Boren, David L. [D-OK], Sen. Danforth, John C. [R-MO], Sen. Sasser, Jim [D-TN], Sen. Kasten, Robert W., Jr. [R-WI], Sen. DeConcini, Dennis [D-AZ], Sen. Zorinsky, Edward [D-NE], Sen. D'Amato, Alfonse [R-NY], Sen. Melcher, John [D-MT], Sen. Inouye, Daniel K. [D-HI], Sen. Wallop, Malcolm [R-WY], Sen. Chiles, Lawton [D-FL], Sen. Andrews, Mark [R-ND], Sen. Gorton, Slade [R-WA], Sen. Dixon, Alan J. [D-IL], Sen. Hollings, Ernest F. [D-SC], Sen. Johnston, J. Bennett [D-LA], Sen. Specter, Arlen [R-PA], Sen. Schmitt, Harrison H. [R-NM], Sen. Cranston, Alan [D-CA], Sen. Nunn, Sam [D-GA], Sen. Mathias, Charles McC., Jr. [R-MD], Sen. Randolph, Jennings [D-WV], Sen. Ford, Wendell H. [D-KY], Sen. Long, Russell B. [D-LA], Sen. Abdnor, James [R-SD], Sen. Cochran, Thad [R-MS]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Official sourceView documentsShare

Summary

Amends the Internal Revenue Code to extend until December 31, 1987, the authority for the targeted jobs income tax credit. Extends the credit to all cooperative education students regardless of their economic status. Disallows the credit for employees who have worked for the same employer within the last 180 days. Limits the credit claimed on any individual to $4,500.

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

Timeline

  1. 28 April 1982

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 28 April 1982

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 3 May 1982

    Committee

    Committee on Finance requested executive comment from OMB; Treasury Department.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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