,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #cgha  ,,in ,,the ,,house ,,of  
,,representatives  ,december #af1       
#bjac,mr4 ,lowenthal introduced the     
following bill2 which was referred to   
the ,committee on ,ways and ,means  ,a  
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to allow small employers
 a credit against income tax for hiring 
individuals receiving unemployment      
compensation4  #a4 ,short title ,this   
,act may be cited as the ,american      
,unemployed ,worker ,investment ,act of 
#bjac4  #b4 ,credit for employers who   
hire individuals receiving unemployment 
compensation  7a7 ,in general           
,subsection 7d7 of section #ea of the   
,internal ,revenue ,code of #aihf       
7defining members of targeted group7 is 
amended by striking or at the end of    
subparagraph 7,h71 by striking the      
period at the end of subparagraph 7,i7  
and inserting 1 or1 and by adding at the
 end the following new subparagraph3    
7,j7 in the case of a small business    

employer1 a qualified unemployment      
compensation recipient4  4  7b7         
,qualified unemployment compensation    
recipient ,subsection 7d7 of section #ea
 of the ,internal ,revenue ,code of     
#aihf is amended by redesignating       
paragraphs 7#aa7 through 7#ad7 as       
paragraphs 7#ab7 through 7#ae71         
respectively1 and by inserting after    
paragraph 7#aj7 the following new       
paragraph3  7#aa7 ,qualified            
unemployment compensation recipient2    
small business employer  7,a7 ,in       
general ,the term qualified unemployment
 compensation recipient means any       
individual who is certified by the      
designated local agency as-- 7i7 not    
being a student for at least #f months  
during the #a-year period ending on the 
hiring date1  7ii7 being in receipt of  
unemployment compensation under ,state  
or ,federal law on the hiring date1 and 
7iii7 having a hiring date during the   
#b-year period which begins on the date 
of the enactment of this paragraph4     

7,b7 ,small business employer ,for      
purposes of this paragraph1 the term    
small business employer means1 with     
respect to any hiring date1 any employer
 which employs more than #aj but fewer  
than #be full-time equivalent employees 
throughout the taxable year4  7,c7      
,student ,for purposes of this          
paragraph1 a student is an individual   
enrolled at least half-time in a program
 that leads to a degree1 certificate1 or
 other recognized educational credential
 for at least #f months 7whether or not 
consecutive7 during the #a-year period  
ending on the hiring date4  4  7c7      
,maximum #d1jjj credit per employee     
,paragraph 7#c7 of section #ea7;b7 of   
the ,internal ,revenue ,code of #aihf is
 amended by inserting #aj1jjj per year  
in the case of any individual who is a  
qualified unemployment compensation     
recipient by reason of subsection       
7d77#aa71 after #f1jjj per year 74  7d7 
,denial of credit unless employment full
 time for #a year ,paragraph 7#c7 of    

section #ea7;i7 of the ,internal        
,revenue ,code of #aihf 7relating to    
individuals not meeting minimum         
employment periods7 is amended by adding
 at the end the following new           
subparagraph3  7,c7 ,special rules for  
qualified unemployment compensation     
recipients ,no wages shall be taken into
 account under subsection 7a7 with      
respect to a qualified unemployment     
compensation recipient unless-- 7i7 such
 individual is employed by the employer 
for not less than #ce hours per week for
 not less than #a year1 and  7ii7 the   
number of full-time equivalent employees
 of the employer is increased by #a for 
at least #a year by reason of such      
individual's employment by the employer4
  4  7e7 ,credit made available to      
tax-,exempt employers in certain        
circumstances  7#a7 ,in general         
,subsection 7e7 of section #caaa of the 
,internal ,revenue ,code of #aihf is    
amended-- 7,a7 by striking qualified    
veterans in the subsection heading and  

inserting qualified individuals1  7,b7  
by striking qualified veteran each place
 it appears in the text and inserting   
qualified individual1 and  7,c7 by      
striking qualified veterans in paragraph
 7#b7 and inserting qualified           
individuals4  7#b7 ,qualified individual
 defined ,subparagraph 7,b7 of section  
#caaa7;e77#e7 of such ,code is amended  
to read as follows3  7,b7 the term      
qualified individual means-- 7i7 any    
qualified veteran 7as defined in section
 #ea7;d77#c771 and  7ii7 any qualified  
unemployment compensation recipient 7as 
defined in section #ea7;d77#aa774  4    
7#c7 ,conforming amendment ,paragraph   
7#b7 of section #eb7;c7 of such ,code is
 amended-- 7,a7 by inserting and        
qualified unemployment compensation     
recipients after qualified veterans in  
the heading1 and  7,b7 by inserting and 
qualified unemployment compensation     
recipients after qualified veterans in  
the text4  7f7 ,effective date ,the     
amendments made by this section shall   

apply to individuals who begin work for 
the employer after the date of the      
enactment of this ,act4