To amend the Internal Revenue Code of 1986 to provide for a credit against tax for certain small businesses hiring new employees.

Small Business Tax Relief and Jobs Act of 2017 This bill amends the Internal Revenue Code to allow eligible small businesses an annual tax credit equal to 3.825% of the wages paid to up to three newly hired employees. The wages taken into account with respect to any employee may not exceed $100,000 per year. An "eligible small business" must have under $1.5 million in gross receipts and no more than 20 full-time employees during the preceding taxable year.