Targeted Jobs Tax Credit Amendments Act of 1983

Summary

Targeted Jobs Tax Credit Amendments Act of 1983 - Amends the Internal Revenue Code to include as members of a targeted group for purposes of the targeted jobs tax credit individuals who: (1) have been unemployed since January 1, 1982; or (2) have exhausted all rights to regular unemployment compensation. Increases the amount of the first year wages taken into account from 50 percent to: (1) 65 percent in the case of an employer in an area where the employment rate exceeds the average national rate; and (2) 75 percent in the case of a small business owner.

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

Timeline

1. 1 February 1983

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 1 February 1983

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 8 February 1983

   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

• Introduced in Senate

  summary · EN · 1 February 1983

  Open at official source

Sponsors

• Sen. Sasser, Jim [D-TN] · D · Sponsor
• Sen. Nunn, Sam [D-GA] · D · Sponsor
• Sen. Levin, Carl [D-MI] · D · Sponsor
• Sen. Johnston, J. Bennett [D-LA] · D · Sponsor
• Sen. Pressler, Larry [R-SD] · R · Sponsor
• Sen. Huddleston, Walter (Dee) [D-KY] · D · Cosponsor
• Sen. Dixon, Alan J. [D-IL] · D · Cosponsor
• Sen. Baucus, Max [D-MT] · D · Cosponsor
• Sen. Tsongas, Paul E. [D-MA] · D · Cosponsor
• Sen. Boren, David L. [D-OK] · D · Cosponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.