,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #digc  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #ae1 #bjaf     
,mrs4 ,watson ,coleman introduc$ !      
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to provide a "w opportunity tax   
cr$it = ! old] long-t]m unemploy$       
recipi5t1 & = o!r purposes4  #a4 ,%ort  
title ,?is ,act may be cit$ z ! ,inve/+ 
9 ,old] ,am]icans ,act ( #bjaf4  #b4    
,ext5sion & modification ( "w           
opportunity tax cr$it  7a7 ,cr$it made  
p]man5t ,section #ea7;c7 ( ! ,int]nal   
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
p>agraph 7#d7 & r$esignat+ p>agraph 7#e7
 z p>agraph 7#d74  7b7 ,cr$it = hir+    
old] long-,t]m unemploym5t recipi5ts    
7#a7 ,9 g5]al ,section #ea7;d77#a7 ( su*
 ,code 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 a qualifi$ old]      

long-t]m unemploym5t recipi5t4  4  7#b7 
,qualifi$ old] long-t]m unemploym5t     
recipi5t ,section #ea7;d7 ( su* ,code is
 am5d$ by add+ at ! end ! foll[+ new    
p>agraph3  7#ae7 ,qualifi$ old] long-t]m
 unemploym5t recipi5t ,! t]m qualifi$   
old] long-t]m unemploym5t recipi5t means
 any individual :o is c]tifi$ by !      
designat$ local ag5cy-- 7,a7 z hav+     
atta9$ age #ee on ! hir+ date1 &  7,b7 z
 be+ a qualifi$ long-t]m unemploym5t    
recipi5t4  4  7#c7 ,limitation on wages 
tak5 into acc\nt ,section #ea7;b77#c7 ( 
su* ,code is am5d$--  7,a7 by /rik+     
subsection 7d77#c77;,a77iv71 & & ins]t+ 
subsection 7d77#c77;,a77iv711 &  7,b7 by
 /rik+ subsection                       
7d77#c77;,a77ii77,,ii77 & ins]t+        
subsection 7d77#c77;,a77ii77,,ii71 &    
#ad1jjj 9 ! case ( any individual :o is 
a qualifi$ old] long-t]m unemploym5t    
recipi5t by reason ( subsection         
7d77#ae774  7#d7 ,inflation adju/m5t    
,section #ea7;b7 ( su* ,code is am5d$ by
 add+ at ! end ! foll[+3  7#d7 ,adju/m5t

 = inflation ,9 ! case ( any taxable ye>
 beg9n+ aft] #bjaf1 ! #ad1jjj doll>     
am\nt conta9$ 9 p>agraph 7#c7 relat+ to 
qualifi$ old] long-t]m unemploym5t      
recipi5ts %all be increas$ by an am\nt  
equal to ! product (--  7,a7 su* doll>  
am\nt1 &  7,b7 ! co/ ( liv+ adju/m5t    
det]m9$ "u section #a7;f77#c7 = ! cal5d>
 ye> 9 :i* ! taxable ye> beg9s det]m9$  
by sub/itut+ cal5d> ye> #bjae = cal5d>  
ye> #aiib 9 subp>agraph 7,b7 !re(4  ,if 
any increase det]m9$ "u ! prec$+ s5t5ce 
is n a multiple ( #ej1 su* increase %all
 be r\nd$ to ! next l[e/ multiple ( #ej4
  4  7c7 ,effective date ,! am5dm5ts    
made by ?is section %all apply to       
individuals :o beg9 "w = ! employ] aft] 
,decemb] #ca1 #bjae4