[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3828 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 3828

   To amend the Internal Revenue Code of 1986 to allow employers the 
targeted jobs credit for hiring individuals who have received, or were 
  eligible to receive, unemployment compensation covering at least 90 
                                 days.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 9, 1994

  Mr. Hefley introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to allow employers the 
targeted jobs credit for hiring individuals who have received, or were 
  eligible to receive, unemployment compensation covering at least 90 
                                 days.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. TARGETED JOBS CREDIT FOR HIRING INDIVIDUALS WHO HAVE 
              RECEIVED UNEMPLOYMENT COMPENSATION.

    (a) In General.--Paragraph (1) of section 51(d) of the Internal 
Revenue Code of 1986 (defining members of targeted groups) is amended 
by striking ``or'' at the end of subparagraph (I), by striking the 
period at the end of subparagraph (J) and inserting ``, or'', and by 
adding at the end thereof the following new subparagraph:
                    ``(K) an unemployment compensation recipient.''
    (b) Unemployment Compensation Recipient.--Subsection (d) of section 
51 of such Code is amended by redesignating paragraphs (13) through 
(16) as paragraphs (14) through (17), respectively, and by inserting 
after paragraph (12) the following new paragraph:
            ``(13) Unemployment compensation recipient.--The term 
        `unemployment compensation recipient' means any individual 
        who--
                    ``(A) has received unemployment compensation (as 
                defined in section 85(b)) for a period of not less than 
                90 days ending during the 180-day period ending on the 
                hiring date,
                    ``(B) would have received such compensation for 
                such period but for exhausting benefits, or
                    ``(C) on application, would have been eligible to 
                receive such compensation for such period.''
    (c) Credit Allowed Only If Recipient Works for At Least 6 Months.--
Paragraph (3) of section 51(i) of such Code is amended--
            (1) by striking ``(d)(12))'' in subparagraph (A) and 
        inserting ``(d)(12) and 180 days in the case of an individual 
        described in subsection (d)(13))'', and
            (2) by striking ``(d)(12))'' in subparagraph (B) and 
        inserting ``(d)(12) and 240 hours in the case of an individual 
        described in subsection (d)(13))''.
    (d) Effective Date.--The amendments made by this section shall 
apply to individuals beginning work for the employer after the date of 
the enactment of this Act.

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