Small Business Relief and Job Creation Act
Sponsored By: Representative McNerney, Jerry [D-CA-9]
Unknown
Summary
Small Business Relief and Job Creation Act This bill amends the Internal Revenue Code to allow small business employers whose gross receipts in the preceding taxable year did not exceed $20 million or who did not employ more than 100 full-time employees during the preceding taxable year a work opportunity tax credit for hiring unemployed individuals as full-time employees (at least 30 hours per week) during 2016 or 2017. The bill doubles the rate of such credit for employers located in counties with high unemployment rates.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
McNerney, Jerry [D-CA-9]
CA • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
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