A bill to provide for a credit against an employers liability for withholding income tax in wages paid to his employees based upon hourly employment benefits under the comprehensive employment and training act.

Summary

Amends the Internal Revenue Code to allow a tax credit against an employer's liability for his employees' withholding tax, in the amount of certified hourly employment benefits (between $.50 and $1.00 per hour) attributable to the employment of eligible youth certified by a prime sponsor under the Comprehensive Employment and Training Act of 1973, as amended by the Comprehensive Employment and Training Amendments of 1978.

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Timeline

1. 23 March 1978

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 23 March 1978

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 23 March 1978

  Open at official source

Sponsors

• Sen. Domenici, Pete V. [R-NM] · R · Sponsor
• Sen. Chiles, Lawton [D-FL] · D · Cosponsor
• · ssfi00 · Standing

Related records

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