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United States · Bill · S

S. 720 (101st)

A bill to amend the Internal Revenue Code of 1986 to extend and modify the targeted jobs credit, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

6 April 1989

Last action

6 April 1989 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Boren, David L. [D-OK], Sen. Heinz, John [R-PA], Sen. Moynihan, Daniel Patrick [D-NY], Rep. Symms, Steven D. [R-ID-1], Sen. Danforth, John C. [R-MO], Sen. Pryor, David H. [D-AR], Sen. Durenberger, Dave [R-MN], Sen. Nickles, Don [R-OK], Sen. Dixon, Alan J. [D-IL], Rep. Baucus, Max [D-MT-1], Sen. Riegle, Donald W., Jr. [D-MI], Sen. Johnston, J. Bennett [D-LA], Sen. Cranston, Alan [D-CA], Sen. Burns, Conrad R. [R-MT], Rep. Lott, Trent [R-MS-5], Sen. Coats, Daniel [R-IN], Sen. Gorton, Slade [R-WA], Sen. Reid, Harry [D-NV], Sen. Murkowski, Frank H. [R-AK], Sen. Shelby, Richard C. [D-AL], Rep. Dodd, Christopher J. [D-CT-2], Sen. Kerry, John F. [D-MA], Sen. Heflin, Howell [D-AL], Sen. Rockefeller, John D., IV [D-WV], Sen. Lieberman, Joseph I. [D-CT], Chuck Grassley, Sen. Lugar, Richard G. [R-IN], Sen. Levin, Carl [D-MI], Sen. Hatfield, Mark O. [R-OR], Sen. Mikulski, Barbara A. [D-MD], Sen. Bumpers, Dale [D-AR], Sen. Burdick, Quentin N. [D-ND], Sen. Robb, Charles S. [D-VA], Sen. Boschwitz, Rudy [R-MN], Sen. Domenici, Pete V. [R-NM], Rep. Jeffords, James M. [R-VT-At Large], Sen. McClure, James A. [R-ID], Sen. Lautenberg, Frank R. [D-NJ], Sen. Gore, Albert, Jr. [D-TN], Sen. Pell, Claiborne [D-RI], Sen. D'Amato, Alfonse [R-NY], Sen. Stevens, Ted [R-AK], Rep. Adams, Brock [D-WA-7], Sen. Helms, Jesse [R-NC], Sen. Inouye, Daniel K. [D-HI], Rep. Simon, Paul [D-IL-24], Sen. Simpson, Alan K. [R-WY], Sen. Bingaman, Jeff [D-NM]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Official sourceDownload fileView documentsShare

Summary

Amends the Internal Revenue Code to extend the targeted jobs income tax credit through 1992. (Under current law the credit will expire after December 31, 1989.) Amends the Economic Recovery Tax Act of 1981 to authorize appropriations through FY 1992 in connection with the targeted jobs credit. Raises from 23 years to 25 years the age limitation with respect to economically disadvantaged youth targeted for credit purposes.

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

Timeline

  1. 6 April 1989

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 6 April 1989

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Sponsors

Showing 48 of 50 sponsors and actors.

Related records

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Sources

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