H.R. 6886 — A bill to amend the Internal Revenue Code of 1954 to extend the targeted jobs credit to December 31, 1983, and to treat as a member of a targeted group for purposes of such credit any economically disadvantaged individual who has attained age 55.

Summary

Amends the Internal Revenue Code to extend the targeted jobs tax credit from 1982 to 1983.

Includes economically disadvantaged individuals who have attained the age of 55 as members of a targeted group for purposes of such credit.