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H.R. 3449

HIRE Act of 2021

Hiring Incentive to Return Employment Act of 2021 or the HIRE Act of 2021

This bill increases the rate of the work opportunity tax credit from 40% to 50% of wages paid to members of the targeted groups eligible for such credit over a two-year period. It also increases to $10,000 the amount of wages taken into account for purposes of the credit.

Referred to the House Committee on Ways and Means.

Rep. Suozzi, Thomas R. [D-NY-3](D-NY)Sponsor
18 cosponsors18 D
18cosponsors1committees3actions8subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

HIRE Act of 2021 — Informed