[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1134 Introduced in House (IH)]







108th CONGRESS
  1st Session
                                H. R. 1134

    To amend the Internal Revenue Code of 1986 to increase the work 
             opportunity credit and welfare-to-work credit.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 6, 2003

Mr. Jefferson 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 increase the work 
             opportunity credit and welfare-to-work credit.

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

SECTION 1. INCREASE IN WORK OPPORTUNITY CREDIT AND WELFARE-TO-WORK 
              CREDIT.

    (a) Work Opportunity Credit.--Paragraph (3) of section 51(b) of the 
Internal Revenue Code of 1986 (relating to only first $6,000 of wages 
per year taken into account) is amended by adding at the end the 
following new sentence: ``The preceding sentence shall be applied by 
substituting `$8,500' for `$6,000' (and appropriate adjustments shall 
be made under subsection (h)(1)) in the case of individuals beginning 
work for the employer during 2003 or 2004''.
    (b) Welfare-To-Work Credit.--Paragraph (4) of section 51A(b) of 
such Code (relating to only first $10,000 of wages per year taken into 
account) is amended by adding at the end the following new sentence: 
``The preceding sentence shall be applied by substituting `$12,500' for 
`$10,000' in the case of individuals beginning work for the employer 
during 2003 or 2004''.
    (c) 1-Year Extension of Credit.--Subparagraph (B) of section 
51(c)(4) of such Code is amended by striking ``December 31, 2003'' and 
inserting ``December 31, 2004''.
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