A bill to amend the Internal Revenue Code of 1954 to extend the targeted jobs tax credit for 5 years, and for other purposes.

Amends the Internal Revenue Code to extend the targeted jobs income tax credit for five years from 1985 to 1990.

Includes as members of a targeted group handicapped individuals who are eligible to receive rehabilitative services. (Present law limits such group to handicapped individuals who have completed rehabilitative services.)

Increases the eligibility period for supplemental security income (SSI) recipients and general assistance recipients to be included as members of a targeted group.