Sec. 142. EXTENSION AND MODIFICATION OF WORK OPPORTUNITY TAX CREDIT
246 words·~1 min read·
/statute-compilations/comps-13909/sec-142A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 142 EXTENSION AND MODIFICATION OF WORK OPPORTUNITY TAX CREDIT ###
(a)In general **[**[26 U.S.C. 51](/us/usc/t26/s51)**]** Section 51(c)(4) is amended by striking “December 31, 2014” and inserting “December 31, 2019”. ###
(b)Credit for Hiring Long-term Unemployment Recipients ####
(1)In general Section 51(d)(1) is amended by striking “ or ” at the end of subparagraph (H), by striking the period at the end of subparagraph
(I)and inserting “ , or ”, and by adding at the end the following new subparagraph: > > ##### “(J) > > a qualified long-term unemployment recipient.” > . ####
(2)Qualified long-term unemployment recipient Section 51(d) is amended by adding at the end the following new paragraph: > > #### “(15) Qualified long-term unemployment recipient > > The term ‘qualified long-term unemployment recipient’ means any individual who is certified by the designated local agency as being in a period of unemployment which— > > > ##### “(A) > > is not less than 27 consecutive weeks, and > > > ##### “(B) > > includes a period in which the individual was receiving unemployment compensation under State or Federal law.” > . ###
(c)Effective Dates **[**[26 U.S.C. 51 note](/us/usc/t26/s51)**]** ####
(1)Extension The amendment made by subsection
(a)shall apply to individuals who begin work for the employer after December 31, 2014. ####
(2)Modification The amendments made by subsection
(b)shall apply to individuals who begin work for the employer after December 31, 2015.
Connectionstraces to 1
Traces to 1 document
U.S. Code
Citation graph
cites case law
Sec. 142
EXTENSION AND MODIFICATION OF WORK OPPORTUNITY TAX CREDIT
Cites 1Cited by 0 across 0 sources