Referred to the House Committee on Ways and Means.
This bill amends the Internal Revenue Code to expand and modify the Work Opportunity Tax Credit (WOTC). It raises the credit rates in many cases to 50 percent, increases wage limits for certain veterans, creates a second-year credit for long-term family assistance recipients, adjusts summer youth treatment, and removes an age limit for SNAP recipients.
Liberals emphasize equity, retention, and expanded access for SNAP recipients
Relative to its intended legislative type, this bill is a clearly targeted substantive amendment to the Internal Revenue Code focused on modifying the Work Opportunity Tax Credit.
This bill amends the Internal Revenue Code to expand and modify the Work Opportunity Tax Credit (WOTC).
It raises the credit rates in many cases to 50 percent, increases wage limits for certain veterans, creates a second-year credit for long-term family assistance recipients, adjusts summer youth treatment, and removes an age limit for SNAP recipients.
The changes apply to individuals who begin work after December 31, 2024.
Substantive but narrow tax-credit expansion with bipartisan appeal; lack of offsets and fiscal impact raise barriers to final enactment.
Relative to its intended legislative type, this bill is a clearly targeted substantive amendment to the Internal Revenue Code focused on modifying the Work Opportunity Tax Credit. It provides explicit, specific changes to statutory text (percentages, dollar limits, and subsection language) and an effective date, and it includes conforming amendments.
Liberals emphasize equity, retention, and expanded access for SNAP recipients
These are examples from the analysis, not a ranked list of the most-affected groups.
Liberals emphasize equity, retention, and expanded access for SNAP recipients
Likely broadly supportive because the bill expands hiring incentives for disadvantaged groups and extends benefits to more SNAP recipients.
It improves retention incentives (second-year credit) and boosts veteran-targeted support, aligning with goals to reduce barriers to employment.
Cautiously favorable: the bill targets employment barriers and retention but raises legitimate fiscal and implementation questions.
Support contingent on evidence of effectiveness and manageable administrative burden.
Mixed: supports work incentives and veteran assistance but wary of expanding targeted tax expenditures and increasing federal revenue losses.
Prefers simpler, broader employer tax relief or stricter budget offsets.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Substantive but narrow tax-credit expansion with bipartisan appeal; lack of offsets and fiscal impact raise barriers to final enactment.
The bill has not accumulated any surfaced votes yet.
Liberals emphasize equity, retention, and expanded access for SNAP recipients
Substantive but narrow tax-credit expansion with bipartisan appeal; lack of offsets and fiscal impact raise barriers to final enactment.
Relative to its intended legislative type, this bill is a clearly targeted substantive amendment to the Internal Revenue Code focused on modifying the Work Opportunity Tax Credit. It provides explicit, specific changes…
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