To amend the Internal Revenue Code of 1986 to provide an employer credit for increasing wages.
Summary
What This Bill Does
The bill creates employer wage credit Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following: 45AA.Employer wage credit(a)In generalFor purposes and creates 45AA. Employer wage credit. It relies on definition changes, tax credits, compliance mandates, and exemptions. The main policy areas are Business and Finance.
Who Benefits and How
Businesses and employers affected by the bill could face lower compliance burdens and Lobbyists, political organizations, and disclosure users affected by the bill could face lower compliance burdens.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties and Public beneficiaries or protected communities affected by the clause could face increased risk.
Key Provisions
- Creates employer wage credit Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following: 45AA.Employer wage credit(a)In generalFor purposes...
- Creates 45AA. Employer wage credit.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill creates employer wage credit Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following: 45AA.Employer wage credit(a)In generalFor purposes and creates 45AA. Employer wage credit.
Key Policy Areas
Business, Finance
Primary Purpose
The bill creates employer wage credit Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following: 45AA.Employer wage credit(a)In generalFor purposes and creates 45AA. Employer wage credit.
Policy Domains
Whole bill
Identified Gains
- Businesses and employers affected by the bill
- Lobbyists, political organizations, and disclosure users affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Public beneficiaries or protected communities affected by the clause
Sponsors
Legislative Progress
IntroducedMr. Ruiz introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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