US HB3198 | 2015-2016 | 114th Congress
Status
Sponsorship: Partisan Bill (Democrat 8)
Status: Introduced on July 23 2015 - 25% progression, died in committee
Action: 2015-07-23 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 23 2015 - 25% progression, died in committee
Action: 2015-07-23 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Small Business Jobs Act of 2015 This bill amends the Internal Revenue Code to allow a qualified small employer a business-related tax credit for the cost of hiring up to 5 new employees who work for such employer, on average, at least 30 hours per week. The bill defines "qualified small employer" as an employer who: (1) has a place of business in a county with an annual unemployment rate that is at least 1% greater than the national rate for the preceding calendar year; and (2) did not employ fewer than 2, or more than 100, employees in the preceding calendar year. The bill allows an employer who is a tax-exempt organization to claim such credit. The credit is not available for wages paid after December 31, 2017.
Title
Small Business Jobs Act of 2015
Sponsors
| Rep. Pete Aguilar [D-CA] | Rep. Ann Kirkpatrick [D-AZ] | Rep. Jim Costa [D-CA] | Rep. Henry Cuellar [D-TX] |
| Rep. Juan Vargas [D-CA] | Rep. David Scott [D-GA] | Rep. Brad Ashford [D-NE] | Rep. Grace Napolitano [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-07-23 | House | Referred to the House Committee on Ways and Means. |
| 2015-07-23 | House | Introduced in House |
Subjects
Employee hiring
Income tax credits
Small business
Tax-exempt organizations
Taxation
Unemployment
Wages and earnings
Income tax credits
Small business
Tax-exempt organizations
Taxation
Unemployment
Wages and earnings
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/3198/all-info |
| Text | https://www.congress.gov/114/bills/hr3198/BILLS-114hr3198ih.pdf |
