H.R.4470: Reducing Long-Term Unemployment Act

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Bill Summary

Reducing Long-Term Unemployment Act This bill amends the Internal Revenue Code to extend until December 31, 2018, the suspension of employment and railroad retirement taxes for employers who hire unemployed individuals.  The aggregate reduction in taxes from such suspension is limited to $5,000 per employee. The bill modifies the unemployment requirement to require a signed affidavit from the unemployed individual that, during the entire...

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 28, 2017
Referred to the House Committee on Ways and Means.
Nov. 28, 2017

Introduced in the House by Eleanor Holmes Norton (D-D.C.)

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