US HB3681 | 2011-2012 | 112th Congress


Status

December 15 2011 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

One New Employee Act of 2011 - Amends the Internal Revenue Code to allow certain business entities, including S corporations, partnerships, trusts, estates, tax-exempt cooperatives, or sole proprietorships, a business-related tax credit for hiring individuals who received federal or state unemployment compensation for not less than one week in the one-year period prior to hiring. Limits the maximum amount of such credit for each entity to $5,000. Terminates such credit after 2016.

Tracking Information

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Title

One New Employee Act of 2011

Sponsors


History

DateChamberAction
2011-12-15HouseReferred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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