Senate’s Late Night Vote on Tax Reform Keeps WOTC

United States Senate Chamber

Saturday just before 2:00 AM Eastern, the Senate voted to pass its version of the Tax Cuts and Jobs Act. The Senate’s bill remains silent on the Work Opportunity Tax Credit (WOTC), which the House version seeks to repeal.

In this circumstance, silence is golden if you prefer that the WOTC program remain in place.

A draft of the proposal was leaked to Bloomberg on Saturday. You can read it here. To satisfy my own skepticism, I searched the 479 page bill for key words that could reference the WOTC program.  I also read every instance found in the document of the word “repeal.”  It’s clean.  None of them refer to the WOTC Program.

The next phase will involve House and Senate appointees getting together to hash out their differences. If you support keeping the WOTC program alive, this is your last opportunity to contact members of Congress about this issue.

Be Sociable, Share!

2 thoughts on “Senate’s Late Night Vote on Tax Reform Keeps WOTC

  1. I’m not sure which senate bill you are referring to;
    Subtitle E – Reform of Business Credits sec. 3404 calls for repeal…

  2. Hello Allen,
    I hope I’m not wrong about this. The Senate version of the bill omits the WOTC repeal.

    See:
    https://www.congress.gov/bill/115th-congress/house-bill/1/text

    The senate version’s treatment of business credits is limited to the following, which I am copying out of the currently published version:

    PART V—BUSINESS CREDITS
    Subpart A—General Provisions
    SEC. 13401. MODIFICATION OF ORPHAN DRUG CREDIT.
    SEC. 13402. REHABILITATION CREDIT LIMITED TO CERTIFIED HISTORIC STRUCTURES.
    SEC. 13403. EMPLOYER CREDIT FOR PAID FAMILY AND MEDICAL LEAVE.

    Subpart B—Provisions Relating To Low-Income Housing Credit
    [n/a]

Leave a Reply

Your email address will not be published. Required fields are marked *