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More New WOTC Expansion Ideas From Congress

While California considers hamstringing businesses by limiting its tax incentive programs, in Washington are bipartisan efforts to expand incentives that help business create jobs.

H.R. 5685 introduced by Congressman Steve Cohen (D-TN) would increase the WOTC credit by $1,000 for employers who open a new grocery supermarket in an “under served area,” defined as federal empowerment zone, enterprise community or renewal community.




And Senator Sam Brownback (R-KS) has introduced S. 3556 which would expand the qualified employees for WOTC to include members of the Ready Reserve or National Guard.




Furthermore, Senator Schumer (D-NY) has introduced S. 3623 to extend the recently enacted HIRE Act tax credit.

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