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HOUSE 3449117th CongressReferred to the House Committee on Ways and Means.

HIRE Act of 2021

Last Action
5/20/2021

Actions

  • 2021-05-20Referred to the House Committee on Ways and Means.
  • 2021-05-20Introduced in House
  • 2021-05-20Introduced in House

CRS Summary

As of 2021-05-20 (00)

Hiring Incentive to Return Employment Act of 2021 or the HIRE Act of 2021

This bill increases the rate of the work opportunity tax credit from 40% to 50% of wages paid to members of the targeted groups eligible for such credit over a two-year period. It also increases to $10,000 the amount of wages taken into account for purposes of the credit.

Cosponsors (18)

  • Steven Horsford (D-NV)
  • Donald Beyer (D-VA)
  • Gwen Moore (D-WI)
  • Bradley Schneider (D-IL)
  • DANNY DAVIS (D-IL)
  • Jimmy Panetta (D-CA)
  • WILLIAM PASCRELL (D-NJ)
  • RON KIND (D-WI)
  • Brian Higgins (D-NY)
  • Dwight Evans (D-PA)
  • Terri Sewell (D-AL)
  • BOBBY RUSH (D-IL)
  • Brenda Lawrence (D-MI)
  • André Carson (D-IN)
  • JOHN LARSON (D-CT)
  • Daniel Kildee (D-MI)
  • Linda Sánchez (D-CA)
  • Jimmy Gomez (D-CA)

Subjects

  • Employee hiring
  • Food assistance and relief
  • Income tax credits
  • Poverty and welfare assistance
  • Unemployment
  • Veterans' education, employment, rehabilitation
  • Wages and earnings
  • Youth employment and child labor
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.