HR4520-118

Introduced

To amend the Internal Revenue Code of 1986 to establish a credit for hired critical employees and to make permanent certain expiring provisions relating to the child tax credit.

118th Congress Introduced Jul 10, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to establish a credit for hired critical employees and to make permanent certain expiring provisions relating to the child tax credit., changes federal law or congressional policy affecting workers, employers, and labor regulators. The main policy domain is Labor, Criminal Justice, Social Welfare.

Who Benefits and How

workers, employers, and labor regulators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, workers, employers, and labor regulators may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H56990FFF4DCC46F582775AFBB5D0C61D: 1. Short title This Act may be cited as the Reignite Hope Act of 2023.
  • Section H38B5569DF943419F9573A3942ABA097F: 2. Credit for hired critical employees Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after...
  • Section H1F346E65EF924EC69B143B16D67F024D: 25F. Credit for hired critical employees In the case of a critical employee, there shall be allowed $3,500 as a credit against the tax imposed by this chapter....
  • Section H5E1F6C9C48D84DC583F7002EDAEBC673: 3. Permanent extension and modification of special rules for child tax credit Section 24 of the Internal Revenue Code of 1986 is amended by striking...

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

This bill, To amend the Internal Revenue Code of 1986 to establish a credit for hired critical employees and to make permanent certain expiring provisions relating to the child tax credit., changes federal law or congressional policy affecting workers, employers, and labor regulators.

Key Policy Areas

Labor, Criminal Justice, Social Welfare

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to establish a credit for hired critical employees and to make permanent certain expiring provisions relating to the child tax credit., changes federal law or congressional policy affecting workers, employers, and labor regulators.

Policy Domains

Labor Criminal Justice Social Welfare

Whole bill

Identified Gains
  • workers, employers, and labor regulators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
workers, employers, and labor regulators: ,
Identified Costs
  • federal implementing agencies
  • workers, employers, and labor regulators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
workers, employers, and labor regulators: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jul 10, 2023

Mr. James (for himself, Mrs. Chavez-DeRemer, and Mr. Ciscomani) introduced …

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?

Domains
Labor Criminal Justice Social Welfare
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology