[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[S. 3623 Introduced in Senate (IS)]
111th CONGRESS
2d Session
S. 3623
To amend the Internal Revenue Code of 1986 to extend the payroll tax
relief under the HIRE Act, and for other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
July 21, 2010
Mr. Schumer introduced the following bill; which was read twice and
referred to the Committee on Finance
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to extend the payroll tax
relief under the HIRE Act, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``HIRE Now Tax Cut Extension Act of
2010''.
SEC. 2. EXTENSION OF PAYROLL TAX FORGIVENESS FOR HIRING UNEMPLOYED
WORKERS UNDER HIRE ACT.
(a) Extension.--
(1) In general.--Section 3111(d) of the Internal Revenue
Code of 1986 is amended--
(A) by striking ``with respect to employment during
the period beginning on the day after the date of the
enactment of this subsection and ending on December 31,
2010,'' in paragraph (1) and inserting ``during the
applicable period with respect to employment'',
(B) by striking ``January 1, 2011'' in paragraph
(3) and inserting ``July 1, 2011'',
(C) by redesignating paragraph (5) as paragraph (6)
and by inserting after paragraph (4) the following new
paragraph:
``(5) Applicable period.--For purposes of paragraph (1),
the applicable period is--
``(A) with respect to any qualified individual who
begins employment after February 3, 2010, the period
beginning after March 18, 2010, and ending on December
31, 2010, and
``(B) with respect to any qualified individual who
begins employment after July 22, 2010, the period
beginning on the day after the date of the enactment of
this paragraph and ending on June 30, 2011.'', and
(D) by inserting ``and 2011'' after ``2010'' in the
heading thereof.
(2) Railroad retirement taxes.--Section 3221(c) of the
Internal Revenue Code of 1986 is amended--
(A) by striking ``during the period beginning on
the day after the date of the enactment of this
subsection and ending on December 31, 2010'' in
paragraph (1) and inserting ``during the applicable
period'',
(B) by striking ``January 1, 2011'' in paragraph
(3) and inserting ``July 1, 2011'',
(C) by redesignating paragraph (5) as paragraph (6)
and by inserting after paragraph (4) the following new
paragraph:
``(5) Applicable period.--For purposes of paragraph (1),
the applicable period is--
``(A) with respect to any qualified individual who
begins employment after February 3, 2010, the period
beginning after March 18, 2010, and ending on December
31, 2010, and
``(B) with respect to any qualified individual who
begins employment after July 22, 2010, the period
beginning on the day after the date of the enactment of
this paragraph and ending on June 30, 2011.'', and
(D) by inserting ``and 2011'' after ``2010'' in the
heading thereof.
(b) Treatment of Temporary Census Workers.--Sections 3111(d)(3) and
3121(c)(3) of the Internal Revenue Code of 1986 are each amended by
adding at the end the following new flush sentence:
``For purposes of subparagraph (B), employment by the Bureau of
the Census as a temporary enumerator for the 2010 decennial
census shall not be taken into account.''.
(c) Transfers to Certain Funds.--Section 101 of the Hiring
Incentives to Restore Employment Act is amended--
(1) by inserting ``and section 2(a)(1) of the HIRE Now Tax
Cut Extension Act of 2010'' after ``subsection (a)'' in
subsection (c), and
(2) by inserting ``and section 2(a)(2) of the HIRE Now Tax
Cut Extension Act of 2010'' after ``paragraph (1)'' in
subsection (d)(2).
(d) Conforming Amendment.--The heading of section 102 of the Hiring
Incentives to Restore Employment Act is amended by inserting ``and
2011'' after ``2010''.
(e) Effective Date.--The amendments made by this section shall take
effect as if included in the amendments made by section 101 of the
Hiring Incentives to Restore Employment Act.
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