Expansion of WOTC Happening This Week – Vow to Hire Heroes
This week, Senate Democrats introduced an amendment to the bill that required governments
at all levels to withhold 3 percent of payments to companies contracted to do work
on their behalf. This amendment includes
what is being called the “Vow to Hire Heroes”. This amendment, put forth by Senate
majority leader Harry Reid, includes a “Returning Heroes and Wounded Warriors Work
Opportunity Tax Credits” using the same language form the President’s earlier American
Jobs Act. While the bill does not extend the core WOTC program, it does extend
and expand upon the current WOTC veteran category, increasing its value and extending
it to a new expiration of Dec 31, 2012.
The amendment details the following changes to the WOTC veteran’s category:
For a veteran who is entitled to compensation for a service connected disability and
who has a hiring date which is not more than 1 year after having been discharged or
released from active duty, the amount of the wages subject to credit is $12,000 (potentially
a $4,800 credit);
For a veteran who has an aggregate period of unemployment during the 1 year period
ending on the hiring date which equal or exceed six months, the amount of wages subject
to the credit is $14,000 (potentially a $5,600 credit);
For a veteran entitled to compensation for a service connected disability and who
has aggregate periods of unemployment during the one year period which equal or exceeds
six months, the amount of wages subject to the credit is $24,000 (potentially a $9,600
For a veteran who has aggregate periods of unemployment during the 1 year period ending
on the hiring date which equal or exceed 4 weeks, the amount of wages subject to the
credit is $6,000 (a credit of $2400).
Further, the amendment includes a “simplified certification system” which requires
the state work force agency (SWA) to certify that the veteran received unemployment
compensation for the statutory periods of unemployment that are listed for each category.
Note that the language used specifically mentions the SWA’s, an integral part of the
national WOTC infrastructure, as the certifying agency.
Needing 60 votes to pass the senate, this bill is expected to voted on by the senate
today at 1:45 EST.
This weblog is sponsored by TALX.
Recommended For You
A violation of your organization’s drug-free policies can seem like an open and shut case, but is it? Monthly Video […]
A picture is worth a thousand words, but what if it’s a telephone hearing? Monthly Video Series: 5 of 12 […]
Case Analysis: Claimant was absent from the work area and found “resting” in locker room Background A company discharged its employee […]
Case Analysis: Claimant did not report her absences in order to have them covered by FMLA Background A company discharged […]