legislation: 95-s-2959

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
95-s-2959 95 s 2959 A bill to amend the Internal Revenue Code of 1954 to provide a special deduction for the employment of unemployed residents of urban areas by businesses locating in those areas. Taxation 1978-04-20 1978-04-20 Referred to Senate Committee on Finance. Senate Sen. Mathias, Charles McC., Jr. [R-MD] MD R M000241 0 Amends the Internal Revenue Code to allow a tax deduction equal to 25 percent of the wages paid or incurred to new employees, formerly unemployed for 30 days or more in the previous six months. Limits such deduction to qualified businesses in cities having a population of 100,000 or more, and an unemployment rate of 6.5 percent. Defines a qualified business as one engaged in: (1) retail manufacturing and processing; (2) distribution of personal property; (3) the sale of retail goods and services; (4) basic and applied research; or (5) building construction. 2024-08-01T20:10:29Z https://www.congress.gov/bill/95th-congress/senate-bill/2959

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