,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #cdcj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,octob] #cj1 #bjac,mr4
 ,mc,nerney 7= himself1 ,mrs4           
,napolitano1 & ,mrs4 ,negrete ,mc,leod7 
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to enc\rage hir+ unemploy$
 individuals4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,small ,bus9ess ,relief
 & ,job ,creation ,act4  #b4 ,tempor>y  
"w opportunity cr$it = small bus9esses  
7a7 ,9 g5]al ,section #ea ( ! ,int]nal  
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new subsection3  7l7  
,small bus9ess cr$it = hir+ c]ta9       
unemploy$ individuals dur+ #bjad & #bjae
  7#a7 ,9 g5]al ,9 ! case ( an eligible 
unemploy$ individual :o beg9s "w = an   
eligible small bus9ess dur+ #bjad or    
#bjae1 ! taxpay] may elect to treat su* 
individual z a memb] ( a t>get$ gr\p =  
purposes ( ?is subp>t1 subject to !     
modifications 9 p>agraph 7#d7 & 9 lieu (

 treat+ su* individual z a memb] ( any  
o!r t>get$ gr\p4  7#b7 ,eligible small  
bus9ess ,= purposes ( ?is subsection1 ! 
t]m eligible small bus9ess means any    
p]son if-- 7,a7 ei!r-- 7i7 ! gross      
receipts ( su* p]son = ! prec$+ taxable 
ye> did n exce$ #bj1jjj1jjj1 or  7ii7 9 
! case ( a p]son to :i* subp>agraph 7,a7
 does n apply1 su* p]son employ$ n m ?an
 #ajj full-"t employees dur+ ! prec$+   
taxable ye>1 &  7,b7 su* p]son elects ! 
application ( ?is section = ! taxable   
ye>4  ,= purposes ( subp>agraph         
7,a77ii71 an employee %all be consid]$  
full-"t if su* employee is employ$ at   
lea/ #cj h\rs p] week = #ce or m cal5d> 
weeks 9 ! taxable ye>4  7#c7 ,eligible  
unemploy$ individual ,= purposes ( ?is  
section1 ! t]m eligible unemploy$       
individual means any individual-- 7,a7  
:o is c]tifi$ by ! designat$ local ag5cy
 z be+ eligible to receive unemploym5t  
comp5sation "u ,/ate or ,f$]al law dur+ 
! #a-ye> p]iod end+ on ! hir+ date1 or  
7,b7 ^: employm5t ) ! employ] 0 t]m9at$ 

be=e ,janu>y #a1 #bjad4  7#d7 ,employee 
mu/ be full-"t ,no wages %all be tak5   
into acc\nt ) respect to any individual 
= any taxable ye> unless su* individual 
is employ$ by ! employ] an av]age ( at  
lea/ #cj h\rs p] week 9 ! taxable ye> 79
 ! case ( ! taxable ye> dur+ :i* !      
individual beg9s "w1 beg9n+ ) ! day !   
individual beg9s "w74  7#e7             
,modifications ,= purposes ( ?is        
subsection1 ! modifications describ$ 9  
?is p>agraph are z foll[s3 7,a7         
,p]c5tage ( wages ,subsection 7a7 %all  
be appli$-- 7i7 9 ! case ( wages paid or
 incurr$ by ! employ] dur+ #bjad1 by    
sub/itut+ #g4e p]c5t = #dj p]c5t1 &     
7ii7 9 ! case ( wages paid or incurr$ by
 ! employ] dur+ #bjae1 by sub/itut+ #e  
p]c5t = #dj p]c5t4  7,b7 ,qualifi$ wages
 dur+ #bjad & #bjae tak5 into acc\nt    
,subsection 7b77#b7 %all be appli$ by   
sub/itut+ dur+ #bjad & #bjae = dur+ !   
#a-ye> p]iod beg9n+ ) ! day ! individual
 beg9s "w = ! employ]4  7,c7 #ge1jjj    
wage limitation ,subsection 7b77#c7 %all

 be appli$ by sub/itut+ #ge1jjj =       
#f1jjj4  7,d7 ,d\ble cr$it 9 c\nties )  
high unemploym5t  7i7 ,9 g5]al ,9 ! case
 ( an employ] locat$ 9 a c\nty :i* is a 
high unemploym5t c\nty = ! mon? dur+ :i*
 ! employee beg9s "w = ! employ]1       
clauses 7i7 & 7ii7 ( subp>agraph 7,a7   
%all be appli$ by sub/itut+ #ae p]c5t & 
#aj p]c5t = #g4e p]c5t & #e p]c5t1      
respectively4  7ii7 ,high unemploym5t   
c\nty ,= purposes ( ?is subp>agraph1 !  
t]m high unemploym5t c\nty means1 )     
respect to any mon?1 a c\nty = :i* !    
rate ( unemploym5t exce$s ! national    
rate ( unemploym5t 7z det]m9$ by !      
,bureau ( ,labor ,/ati/ics ( ! ,dep>tm5t
 ( ,labor74  7,e7 ,cr$it to apply = all 
#bjad & #bjae ,?is subsection %all be   
appli$ )\t reg>d to subsection 7c77#d74 
7,f7 ,c]ta9 rehires eligible ,subsection
 7i77#b7 %all n apply to an individual  
^: employm5t ) ! employ] 0 t]m9at$ be=e 
,janu>y #a1 #bjad4  4  7b7 ,effective   
date ,! am5dm5ts made by ?is section    
%all apply to employees hir$ aft]       

,decemb] #ca1 #bjac4