Why This Matters
This bill helps employers by extending a tax credit for hiring people with disabilities, making it easier for them to find jobs. It encourages businesses to hire individuals who receive Social Security disability benefits.
If you run a business, you could save money on taxes by hiring workers with disabilities.
Affects: This bill affects employers who hire individuals receiving Social Security disability insurance benefits.
What changes is this bill making?
1. This bill extends a tax credit for employers who hire certain workers until December 31, 2030. 2. It allows employers to receive a credit for hiring individuals who receive Social Security disability insurance. 3. The bill defines eligible workers as those certified as disabled within 60 days before their hiring date. 4. Employers can benefit financially by hiring from this group of individuals.
Who is affected?
This bill affects employers who hire individuals receiving Social Security disability insurance benefits.