,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #dagh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,decemb] #c1 #bjae    
,mr4 ,l[5?al 7= himself1 ,ms4 ,ku/]1 &  
,mr4 ,crd5as7 introduc$ ! foll[+ bill2  
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to ext5d ! "w     
opportunity tax cr$it & to all[ small   
employ]s a cr$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 ( #bjae4  #b4     
,ext5sion ( "w opportunity tax cr$it    
7a7 ,9 g5]al ,section #ea7;c77#d7 ( !   
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ ,decemb] #ca1 #bjad & ins]t+   
,decemb] #ca1 #bjag4  7b7 ,effective    
date ,! am5dm5t made by subsection 7a7  
%all apply to individuals :o beg9 "w = !
 employ] aft] ,decemb] #ca1 #bjad4  #c4 
,cr$it = employ]s :o hire individuals   
receiv+ unemploym5t comp5sation  7a7 ,9 
g5]al ,section #ea7;d77#a7 ( ! ,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        
,section #ea7;d7 ( su* ,code 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       
,section #ea7;b77#c7 ( su* ,code 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$it    
unless employm5t full-,"t = #a ye>      
,section #ea7;i77#c7 ( su* ,code 7relat+
 to individuals n meet+ m9imum employm5t
 p]iods7 is am5d$ 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$it made available to tax-,exempt
 employ]s 9 c]ta9 circum/ances  7#a7 ,9 
g5]al ,section #caaa7;e7 ( su* ,code is 
am5d$-- 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$ ,section     
#caaa7;e77#e77;,b7 ( 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 
,section #eb7;c77#b7 ( 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