Sen. Inouye, Daniel K. [D-HI] (Introduced 01/04/1973)
Summary: S.116 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/04/1973)
Allows a tax credit under the Internal Revenue Code in the case of an employer who employes older persons in his trade or business. Limits such credit to the amount equal to the increase in his cost of doing business during such year which results in the employment of older persons. Makes this act effective with respect to taxable years ending after the date of the enactment of this act. (Adds 26 U.S.C. 38)
Summary: S.116 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/04/1973)
Allows a tax credit under the Internal Revenue Code in the case of an employer who employes older persons in his trade or business. Limits such credit to the amount equal to the increase in his cost of doing business during such year which results in the employment of older persons. Makes this act effective with respect to taxable years ending after the date of the enactment of this act. (Adds 26 U.S.C. 38)
Summary: S.116 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/04/1973)
Allows a tax credit under the Internal Revenue Code in the case of an employer who employes older persons in his trade or business. Limits such credit to the amount equal to the increase in his cost of doing business during such year which results in the employment of older persons. Makes this act effective with respect to taxable years ending after the date of the enactment of this act. (Adds 26 U.S.C. 38)
Summary: S.116 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/04/1973)
Allows a tax credit under the Internal Revenue Code in the case of an employer who employes older persons in his trade or business. Limits such credit to the amount equal to the increase in his cost of doing business during such year which results in the employment of older persons. Makes this act effective with respect to taxable years ending after the date of the enactment of this act. (Adds 26 U.S.C. 38)