WOTC Extension Bills Presented in Both Houses
As we inch ever nearer to a Work Opportunity Tax Credit (WOTC) hiatus, and overall tax reform becomes less and less likely, there has recently been some important action taken in both houses of congress to extend WOTC, both the core program and 2011 veteran expansion, ahead of its impending hiatus on December 31, 2013.
In the Senate, Richard Blumenthal (D-Connecticut) has introduced S. 1624 to extend the WOTC veterans credits and in the House, Rep. Julia Brownley (D-California) has introduced HR 3394 to make WOTC permanent, and HR 3395, to extend the veterans credits.
The texts of all three bills are not yet available but this post will be updated when more information is published.
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