3.0.0 4633 2023-01-11T13:16:36Z 2023-01-11T13:16:36Z House H HR 2010-02-22 111 hswm00 Ways and Means Committee House Standing Referred to 2010-02-22T19:01:39Z To amend the Internal Revenue Code of 1986 to provide an exemption for employer payroll taxes during 2010 for wages with respect to the employment of new hires and to provide a credit for retaining employees. 111 4777 HR 2010-03-04 Referred to the House Committee on Ways and Means. Related bill CRS Back to Work Extension Act 111 6152 HR 2010-09-16 Referred to the House Committee on Ways and Means. Related bill CRS Hire Now Tax Cut Act of 2010 111 2983 S 2010-02-04 Read twice and referred to the Committee on Finance. Related bill CRS 2010-02-22 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-02-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-02-22 Introduced in House IntroReferral 1000 9 Library of Congress B001259 Rep. Braley, Bruce L. [D-IA-1] Bruce Braley D IA L. 1 N Taxation Employment taxes Government trust funds Income tax credits Social security and elderly assistance Social work, volunteer service, charitable organizations Unemployment Wages and earnings Taxation 00 2010-02-22 Introduced in House 2010-03-09T22:00:46Z Back to Work Act of 2010 - Amends the Internal Revenue Code to: (1) exempt for-profit and nonprofit employers from social security taxes in 2010 for new employees who are hired after February 3, 2010, and before January 1, 2011, and who certify that they have not worked more than 40 hours during the last 60 days; and (2) allow an increase in the general business tax credit for the retention of such employees for at least one year at specified wage levels. Prohibits a carryback of unused business tax credit amounts to previous taxable years.

Appropriates to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund under title II of the Social Security Act amounts necessary to cover any reduction in revenues resulting from the tax exemptions provided by this Act.

]]> Back to Work Act of 2010 Display Title Back to Work Act of 2010 Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide an exemption from employer Social Security taxes with respect to previously unemployed individuals, and to provide a credit for the retention of such individuals for at least 1 year. Introduced in House IH Short Titles as Introduced Back to Work Act of 2010 Introduced in House 2010-02-22T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr4633ih/xml/BILLS-111hr4633ih.xml 2010-02-22 Referred to the House Committee on Ways and Means. 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.