[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 481 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 481

     To amend the Internal Revenue Code of 1986 to allow the work 
        opportunity credit for hiring the long-term unemployed.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 22, 2015

Mr. Pascrell (for himself and Mr. Reed) 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 the work 
        opportunity credit for hiring the long-term unemployed.

    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 ``Long-Term Unemployed Hiring 
Incentive Act''.

SEC. 2. WORK OPPORTUNITY TAX CREDIT FOR LONG-TERM UNEMPLOYED.

    (a) Long-Term Unemployed Individuals Eligible.--
            (1) In general.--Section 51(d)(1) of the Internal Revenue 
        Code of 1986 is amended by striking ``or'' at the end of 
        subparagraph (H), by striking the period at the end of 
        subparagraph (I) and inserting ``, or'', and by adding at the 
        end the following new subparagraph:
                    ``(J) a qualified long-term unemployed 
                individual.''.
            (2) Definition.--Subsection (d) of section 51 of such Code 
        is amended by redesignating paragraphs (11) through (14) as 
        paragraphs (12) through (15), respectively, and by inserting 
        after paragraph (10) the following new paragraph:
            ``(11) Qualified long-term unemployed individual.--
                    ``(A) In general.--The term `qualified long-term 
                unemployed individual' means any individual who is 
                certified by the designated local agency as--
                            ``(i) having exhausted, as of the hiring 
                        date, all rights to regular compensation under 
                        the State law or under Federal law with respect 
                        to a benefit year (excluding any benefit year 
                        that ended before May 1, 2007),
                            ``(ii) having no rights to regular 
                        compensation with respect to the most recent 
                        week ending before the hiring date under such 
                        law or any other State unemployment 
                        compensation law or to compensation under any 
                        other Federal law, and
                            ``(iii) not receiving compensation with 
                        respect to such week under the unemployment 
                        compensation law of Canada.
                    ``(B) Exhaustion of benefits.--For purposes of 
                subparagraph (A), an individual shall be deemed to have 
                exhausted such individual's rights to regular 
                compensation under a State law when--
                            ``(i) no payments of regular compensation 
                        can be made under such law because such 
                        individual has received all regular 
                        compensation available to such individual based 
                        on employment or wages during such individual's 
                        base period, or
                            ``(ii) such individual's rights to such 
                        compensation have been terminated by reason of 
                        the expiration of the benefit year with respect 
                        to which such rights existed.''.
    (b) Extension of Credit for Long-Term Unemployed.--Subparagraph (B) 
of section 51(c)(4) of the Internal Revenue Code of 1986 is amended by 
inserting ``(December 31, 2017, in the case of qualified long-term 
unemployed individuals)'' after ``December 31, 2014''.
    (c) Effective Date.--The amendments made by this section shall 
apply to individuals who begin work for the employer after December 31, 
2014.
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