American Unemployed Worker Investment Act of 2015
Sponsored By: Representative Lowenthal, Alan S. [D-CA-47]
Unknown
Summary
American Unemployed Worker Investment Act of 2015 This bill amends the Internal Revenue Code to: (1) extend the work opportunity tax credit through 2017; (2) allow a small business employer (i.e., an employer who employs more than 10 but fewer than 25 full-time employees throughout the taxable year) an increased work opportunity tax credit for hiring a qualified unemployment compensation recipient; and (3) allow tax-exempt organizations a work opportunity tax credit for hiring qualified unemployment compensation recipients. The bill defines "qualified unemployment compensation recipient" as any individual who is certified as: (1) not being a student for at least six months during the one-year period ending on the hiring date, (2) being in receipt of unemployment compensation on the hiring date, and (3) having a hiring date during the two-year period which begins on the enactment of this Act. The bill denies such credit unless: (1) the qualified unemployment compensation recipient is employed for not less than 35 hours per week for not less than 1 year, and (2) the number of full-time employees of the employer receiving such credit is increased by 1 for at least 1 year.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Lowenthal, Alan S. [D-CA-47]
CA • D
Cosponsors
Rep. Kuster, Ann M. [D-NH-2]
NH • D
Sponsored 12/3/2015
Rep. Cárdenas, Tony [D-CA-29]
CA • D
Sponsored 12/3/2015
Rep. Chu, Judy [D-CA-28]
CA • D
Sponsored 12/7/2015
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov