Bill Details
HR.1914 - 119th Congress
Status
Latest action
2025-03-06 - Referred to the House Committee on Ways and Means.
Introduced Date
2025-03-06
Policy Area
Taxation
Committees
View committees (1)
Sponsors
Cosponsors
6
0
0
AI Summary This summary was generated by AI from the bill text. AI can get information wrong.
This bill would let employers claim the existing work opportunity tax credit when they hire people who lost their homes and jobs because of a major disaster. In simple terms, it is meant to help people who were forced out of disaster areas find work again, while giving businesses a tax break for hiring them. The bill applies to certain disasters declared by the President starting in 2024, and it only covers workers hired within a limited time after the disaster.
- It adds “displaced disaster victims” as a new group of workers who can qualify an employer for the tax credit.
- A displaced disaster victim is someone whose main home was made unlivable by a covered disaster, whose job site in that disaster area was made unusable, and who is unemployed.
- To qualify, the person must be hired within one year after the disaster’s official incident period ends.
- The bill covers disasters in areas where a major disaster was declared on or after January 1, 2024, and where federal individual or public assistance was approved because of the disaster.
Official Summaries
No summaries available
Current Full Text
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1914 Introduced in House (IH)]
<DOC>
119th CONGRESS
1st Session
H. R. 1914
To amend the Internal Revenue Code of 1986 to allow the work
opportunity tax credit for hiring displaced disaster victims.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 6, 2025
Ms. Crockett (for herself, Mr. Edwards, Ms. Chu, and Mr. Moskowitz)
introduced the following bill; which was referred to the Committee on
Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to allow the work
opportunity tax credit for hiring displaced disaster victims.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Helping Increase Realtime Employment
for Communities Recovering from Emergency Disasters for an Interim Time
Act'' or as the ``HIRE CREDIT Act''.
SEC. 2. WORK OPPORTUNITY TAX CREDIT FOR HIRING DISPLACED DISASTER
VICTIMS.
(a) In General.--Section 51(d) of the Internal Revenue Code of 1986
is amended by striking ``or'' at the end of subparagraph (I), by
striking the period at the end of subparagraph (J) and inserting ``,
or'', and by adding at the end the following new subparagraph:
``(K) a displaced disaster victim.''.
(b) Displaced Disaster Victim.--Section 51(d) of such Code is
amended by adding at the end the following new paragraph:
``(16) Displaced disaster victim.--
``(A) In general.--The term `displaced disaster
victim' means any individual who is certified by the
designated local agency--
``(i) as having a principal residence (as
defined in section 1033(h)(4)) in a qualified
disaster zone which was rendered uninhabitable
as a result of the qualified disaster with
respect to such qualified disaster zone,
``(ii) as being employed (immediately prior
to the incident period with respect to such
qualified disaster) at a location in such
qualified disaster zone which was rendered
inoperable as a result of such qualified
disaster, and
``(iii) as being in a period of
unemployment.
``(B) Temporary status.--The term `displaced
disaster victim' shall not include any individual
unless the hiring date with respect to such individual
is before the date which is 1 year after the last day
of the incident period with respect to the qualified
disaster referred to in subparagraph (A).
``(C) Exclusion of full-time employment outside of
qualified disaster zone.--If the principal place of
employment by the taxpayer of any displaced disaster
victim is outside of the qualified disaster zone with
respect to such individual, the term `qualified wages'
shall not include any amount paid or incurred by such
employer as compensation for the services of such
individual with respect any calendar week if such
individual provided 30 or more hours of services to
such employer during such week.
``(D) Qualified disaster zone.--The term `qualified
disaster zone' means any area--
``(i) with respect to which a major
disaster was declared, on or after January 1,
2024, by the President under section 401 of the
Robert T. Stafford Disaster Relief and
Emergency Assistance Act, and
``(ii) which was determined by the
President, on or after January 1, 2024, to
warrant individual or individual and public
assistance from the Federal Government under
the Robert T. Stafford Disaster Relief and
Emergency Assistance Act by reason of the
qualified disaster with respect to such
disaster area.
``(E) Qualified disaster.--The term `qualified
disaster' means, with respect to any qualified disaster
zone, the disaster by reason of which a major disaster
was declared with respect to such area.
``(F) Incident period.--The term `incident period'
means, with respect to any qualified disaster, the
period specified by the Federal Emergency Management
Agency as the period during which such disaster
occurred (except that for purposes of this paragraph
such period shall not be treated as beginning before
January 1, 2024).''.
(c) Effective Date.--The amendments made by this section shall
apply to individuals who begin work for the employer on or after
January 1, 2024.
(d) Transition Rules.--In the case of any qualified disaster the
incident period of which ends before the date of the enactment of this
Act--
(1) section 51(d)(16)(B) of the Internal Revenue Code of
1986 shall be applied by substituting ``the date of the
enactment of this Act'' for ``the last day'' and all that
follows, and
(2) in the case of an individual who begins work for the
employer before the date of the enactment of this Act, section
51(d)(15)(A)(iii) shall be determined with respect to the
period before the date on which such individual so begins such
work.
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