Provides, under the Internal Revenue Code of 1954, a tax credit for employers who employ members of the hard-core unemployed. States that the credit allowed by this Act shall not exceed $25,000 plus 50 percent of so much of the liability of tax for the taxable year as exceeds $25,000. (Adds 26 U.S.C. 40)
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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