Helpful Incentives to Restore the Economic Dream Act of 2017 or the HIRED Act of 2017 This bill amends the Internal Revenue Code to allow a business-related tax credit for 40% of the first-year wages (up to $6,000) paid to an employee as part of an apprenticeship program registered under the National Apprenticeship Act.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Employment and training programsIncome tax creditsWages and earnings
To amend the Internal Revenue Code of 1986 to include apprentices as members of targeted groups for purposes of the work opportunity credit.
USA115th CongressHR-2927| House
| Updated: 6/15/2017
Helpful Incentives to Restore the Economic Dream Act of 2017 or the HIRED Act of 2017 This bill amends the Internal Revenue Code to allow a business-related tax credit for 40% of the first-year wages (up to $6,000) paid to an employee as part of an apprenticeship program registered under the National Apprenticeship Act.