S.2455 - A bill to extend the Targeted Jobs Tax Credit.97th Congress (1981-1982)
|Sponsor:||Sen. Heinz, John [R-PA] (Introduced 04/28/1982)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 05/03/1982 Committee on Finance requested executive comment from OMB; Treasury Department. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
Summary: S.2455 — 97th Congress (1981-1982)All Information (Except Text)
Introduced in Senate (04/28/1982)
Amends the Internal Revenue Code to extend until December 31, 1987, the authority for the targeted jobs income tax credit.
Extends the credit to all cooperative education students regardless of their economic status.
Disallows the credit for employees who have worked for the same employer within the last 180 days.
Limits the credit claimed on any individual to $4,500.