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- H.R.2994
H.R.2994: To amend the Internal Revenue Code of 1986 to provide for the extension of certain expiring provisions.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced Feb. 29, 1996
- Latest Major Action Feb. 29, 1996
Bill Sponsor
Bill Cosponsors
57 (37 Democrats, 20 Republicans)
Bill Summary
Amends the Internal Revenue Code to decrease the targeted jobs credit from 40 to 35 percent of the amount of qualified first-year wages. Revises targeted group membership provisions. Excludes from the definition of wages any wages paid after: (1) December 31, 1994, and before the 60th day after enactment; or (2) December 31, 1997. Redesignates such credit the "work opportunity credit." Extends to December 31, 1997, the: (1) exclusion from...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| Feb. 29, 1996 |
Introduced in the House by Nancy Lee Johnson (R-Conn.) |