3.0.0 2648 2019-11-15T21:57:50Z 2019-11-15T21:57:50Z Senate S S 2008-02-14 110 ssfi00 Finance Committee Senate Standing Referred to 2008-02-14T22:58:05Z 2008-02-14 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1063-1067) IntroReferral 2008-02-14 Sponsor introductory remarks on measure. (CR S1061-1063) IntroReferral B00100 9 Library of Congress 2008-02-14 Introduced in Senate IntroReferral 10000 9 Library of Congress S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. N Labor and Employment Crime and Law Enforcement Earned income tax credit Economics and Public Finance Employment of the disadvantaged Enterprise zones Ex-offenders Families Grants-in-aid Income tax Juvenile delinquency Poverty Social Welfare Tax credits Tax deductions Tax exemption Taxation Urban affairs Youth employment Labor and Employment 00 2008-02-14 Introduced in Senate 2008-06-20T20:41:46Z Supporting Training and Employment Potential for Underemployed Populations Act, or the STEP UP Act - Amends the Workforce Investment Act of 1998 to revise Youth Opportunity Grant Program requirements to direct the Secretary of Labor to make grants to local boards and eligible entities to carry out programs that provide job training and employment activities and related services to youth and young adults (allows up to 25% of funds to be made available for hard-to-serve young adults) as defined in this Act who live in empowerment zones, enterprise communities, or high poverty areas.

Earned Income Tax Credit Enhancement Act of 2007 - Amends provisions of the Internal Revenue Code (IRC) to revise requirements with respect to the earned income tax credit, including to increase the maximum earned income tax credit amount for certain taxpayers without qualifying children.

Allows the unused portion of an eligible taxpayer's standard deduction and personal exemption deductions that exceeds his or her adjusted gross income to be carried back to the preceding taxable year and carried forward to each of the two taxable years following the unused deduction year.

Allows an employment tax credit and an advanced employment tax credit of $500, respectively, for members of targeted groups as defined under the IRC.

Expands the work opportunity credit for employers who hire: (1) a youth opportunity program participant; (2) a qualified Workforce Investment Act (WIA) youth activity participant; or (3) a qualified young offender. Allows an additional work opportunity credit of $500 for each retained employee of a targeted group.

]]> Supporting Training and Employment Potential for Underemployed Populations Act Short Titles as Introduced STEP UP Act Short Titles as Introduced Supporting Training and Employment Potential for Underemployed Populations Act Short Titles as Introduced for portions of this bill Earned Income Tax Credit Enhancement Act of 2007 Display Title Supporting Training and Employment Potential for Underemployed Populations Act Official Title as Introduced A bill to amend the Workforce Investment Act of 1998 to improve programs carried out through youth opportunity grants, and for other purposes. Introduced in Senate 2008-02-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2648is/xml/BILLS-110s2648is.xml 2008-02-14 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1063-1067) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.