,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #cgha  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,decemb] #af1         
#bjac,mr4 ,l[5?al introduc$ ! foll[+    
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to am5d !   
,int]nal ,rev5ue ,code ( #aihf to all[  
small employ]s a cr$it aga9/ income tax 
= hir+ individuals receiv+ unemploym5t  
comp5sation4  #a4 ,%ort title ,?is ,act 
may be cit$ z ! ,am]ican ,unemploy$     
,work] ,inve/m5t ,act ( #bjac4  #b4     
,cr$it = employ]s :o hire individuals   
receiv+ unemploym5t comp5sation  7a7 ,9 
g5]al ,subsection 7d7 ( section #ea ( ! 
,int]nal ,rev5ue ,code ( #aihf 7def9+   
memb]s ( t>get$ gr\p7 is am5d$ by /rik+ 
or at ! end ( subp>agraph 7,h71 by /rik+
 ! p]iod at ! end ( subp>agraph 7,i7 &  
ins]t+ 1 or1 & by add+ at ! end ! foll[+
 new subp>agraph3  7,j7 9 ! case ( a    
small bus9ess employ]1 a qualifi$       
unemploym5t comp5sation recipi5t4  4    
7b7 ,qualifi$ unemploym5t comp5sation   
recipi5t ,subsection 7d7 ( section #ea (

 ! ,int]nal ,rev5ue ,code ( #aihf is    
am5d$ by r$esignat+ p>agraphs 7#aa7     
?r\gh 7#ad7 z p>agraphs 7#ab7 ?r\gh     
7#ae71 respectively1 & by ins]t+ aft]   
p>agraph 7#aj7 ! foll[+ new p>agraph3   
7#aa7 ,qualifi$ unemploym5t comp5sation 
recipi5t2 small bus9ess employ]  7,a7 ,9
 g5]al ,! t]m qualifi$ unemploym5t      
comp5sation recipi5t means any          
individual :o is c]tifi$ by ! designat$ 
local ag5cy z-- 7i7 n be+ a /ud5t = at  
lea/ #f mon?s dur+ ! #a-ye> p]iod end+  
on ! hir+ date1  7ii7 be+ 9 receipt (   
unemploym5t comp5sation "u ,/ate or     
,f$]al law on ! hir+ date1 &  7iii7 hav+
 a hir+ date dur+ ! #b-ye> p]iod :i*    
beg9s on ! date ( ! enactm5t ( ?is      
p>agraph4  7,b7 ,small bus9ess employ]  
,= purposes ( ?is p>agraph1 ! t]m small 
bus9ess employ] means1 ) respect to any 
hir+ date1 any employ] :i* employs m ?an
 #aj b few] ?an #be full-"t equival5t   
employees ?r\gh\t ! taxable ye>4  7,c7  
,/ud5t ,= purposes ( ?is p>agraph1 a    
/ud5t is an individual enroll$ at lea/  

half-"t 9 a program t leads to a degree1
 c]tificate1 or o!r recogniz$           
educational cr$5tial = at lea/ #f mon?s 
7:e!r or n consecutive7 dur+ ! #a-ye>   
p]iod end+ on ! hir+ date4  4  7c7      
,maximum #d1jjj cr$it p] employee       
,p>agraph 7#c7 ( section #ea7;b7 ( !    
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by ins]t+ #aj1jjj p] ye> 9 ! case ( any 
individual :o is a qualifi$ unemploym5t 
comp5sation recipi5t by reason (        
subsection 7d77#aa71 aft] #f1jjj p] ye> 
74  7d7 ,d5ial ( cr$it unless employm5t 
full "t = #a ye> ,p>agraph 7#c7 (       
section #ea7;i7 ( ! ,int]nal ,rev5ue    
,code ( #aihf 7relat+ to individuals n  
meet+ m9imum employm5t p]iods7 is am5d$ 
by add+ at ! end ! foll[+ new           
subp>agraph3  7,c7 ,special rules =     
qualifi$ unemploym5t comp5sation        
recipi5ts ,no wages %all be tak5 into   
acc\nt "u subsection 7a7 ) respect to a 
qualifi$ unemploym5t comp5sation        
recipi5t unless-- 7i7 su* individual is 
employ$ by ! employ] = n less ?an #ce   

h\rs p] week = n less ?an #a ye>1 &     
7ii7 ! numb] ( full-"t equival5t        
employees ( ! employ] is increas$ by #a 
= at lea/ #a ye> by reason ( su*        
individual's employm5t by ! employ]4  4 
7e7 ,cr$it made available to tax-,exempt
 employ]s 9 c]ta9 circum/ances  7#a7 ,9 
g5]al ,subsection 7e7 ( section #caaa ( 
! ,int]nal ,rev5ue ,code ( #aihf is     
am5d$-- 7,a7 by /rik+ qualifi$ vet]ans 9
 ! subsection head+ & ins]t+ qualifi$   
individuals1  7,b7 by /rik+ qualifi$    
vet]an ea* place x appe>s 9 ! text &    
ins]t+ qualifi$ individual1 &  7,c7 by  
/rik+ qualifi$ vet]ans 9 p>agraph 7#b7 &
 ins]t+ qualifi$ individuals4  7#b7     
,qualifi$ individual def9$ ,subp>agraph 
7,b7 ( section #caaa7;e77#e7 ( su* ,code
 is am5d$ to read z foll[s3  7,b7 ! t]m 
qualifi$ individual means-- 7i7 any     
qualifi$ vet]an 7z def9$ 9 section      
#ea7;d77#c771 &  7ii7 any qualifi$      
unemploym5t comp5sation recipi5t 7z     
def9$ 9 section #ea7;d77#aa774  4  7#c7 
,con=m+ am5dm5t ,p>agraph 7#b7 ( section

 #eb7;c7 ( su* ,code is am5d$-- 7,a7 by 
ins]t+ & qualifi$ unemploym5t           
comp5sation recipi5ts aft] qualifi$     
vet]ans 9 ! head+1 &  7,b7 by ins]t+ &  
qualifi$ unemploym5t comp5sation        
recipi5ts aft] qualifi$ vet]ans 9 !     
text4  7f7 ,effective date ,! am5dm5ts  
made by ?is section %all apply to       
individuals :o beg9 "w = ! employ] aft] 
! date ( ! enactm5t ( ?is ,act4