Search Results: keywords:"work opportunity credit"

  • H. R. 2033 — To amend the Internal Revenue Code of 1986 to make employers of spouses of military personnel eligible for the work opportunity credit.
    Status:Introduced in House
    Words:421

    The H. R. 2033 bill aims to change the Internal Revenue Code of 1986 to allow employers who hire spouses of military personnel to qualify for the work opportunity credit. This bill adds a category for "qualified military spouse," meaning anyone verified as the spouse of a...

    Simple Explanation

    The bill wants to give a special thank you to people who hire military spouses by letting them pay less in taxes. This means bosses are encouraged to give jobs to husbands and wives of people in the military.

  • S. 1210 — To amend the Internal Revenue Code of 1986 to modify the work opportunity credit for certain youth employees.
    Status:Introduced in Senate
    Words:852

    S. 1210, known as the “Helping to Encourage Real Opportunities (HERO) for Youth Act of 2025,” aims to revise parts of the Internal Revenue Code related to the work opportunity credit. The bill proposes to expand the work opportunity credit to encourage businesses to hire...

    Simple Explanation

    S. 1210 is a bill that wants to help young people find jobs all year long, not just in the summer, by giving businesses a bonus for hiring them. It also offers an extra bonus for hiring young people who aren't going to school or working, to give them a chance too.

  • H. R. 2801 — To amend the Internal Revenue Code of 1986 to allow an increased work opportunity credit with respect to veterans, and for other purposes.
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    Status:Introduced in House
    Words:430

    H.R. 2801, titled the "Honor and Hire Veterans Act of 2025," proposes amendments to the Internal Revenue Code of 1986 to increase the work opportunity tax credit for hiring veterans. The bill raises the credit for employing qualified veterans to 50% of their first-year wages and increases...

    Simple Explanation

    H.R. 2801 wants to give companies more money back in taxes when they hire veterans. It will help veterans get jobs by making it cheaper for businesses to hire them.