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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

Status

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

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

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.

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Documents

1 official file

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