NO WOTC or Tax Extenders BIll in U.S. House Until After Elections
We’ve been watching developments closely, and today we finally have something concrete although not what we’ve been hoping. While the possibility still remains for a Senate tax extenders bill before the recess, it appears that the House will not move until after the November elections.
Paul Suplizio, President of the WOTC Coalition shared the following correspondence with coalition members last night. It is published here with permission. (more…)
- Published in Work Opportunity Tax Credit
WOTC –Strategy for the Legislative Deadlock on Major Tax Issues
An article posted this afternoon on the CBS New’s Political Hotsheet confirmed again what most have expected: We should not anticipate cooperation in Congress on major tax questions before the November elections. (more…)
- Published in Work Opportunity Tax Credit
Congressman Aaron Schock – WOTC Program Must be Extended
Congressman Aaron Schock (R-IL) a primary sponsor of HR 2082, the Work Opportunity Credit Improvement Act offered the following during his testimony on Thursday before the House’s Subcommittee on Select Revenue. If you would like to listen for yourself, Congressman’s Schock’s testimony begins at time stamp 1:08:58. These specific comments begin about two minutes later at timestamp 1:11:06. (more…)
- Published in Work Opportunity Tax Credit
Urgent Matter for WOTC Program Renewal and Extension
The Ways and Means Subcommittee on Select Revenue Measures has scheduled a hearing on Tax Extenders for 10:00 AM on Thursday, April 26th. That is in six days.
This is an Urgent Matter for the Work Opportunity Tax Credit (WOTC) and other tax extenders because the policy of the Ways and Means Committee and the Republican House leadership will largely be set by the decisions flowing from this discussion. (more…)
- Published in Work Opportunity Tax Credit
50-State Lobbying Priorities for WOTC Coalition and Interested Parties
The following advisement was provided by Paul Suplizio, President of the WOTC Coalition on Monday of this week. It is published here with permission.
Renewed lobbying efforts will begin on April 16th.
This post is full of good information and insider advice to help you with your lobbying efforts. Paul also outlines lobbying priorities for each state. Find out what is going on in your state. (more…)
- Published in Work Opportunity Tax Credit
WOTC Advocates in DC to Meet With Assistant Secretary of Labor
Assist. Sec of Labor Jane Oates
Supporters of the Work Opportunity Tax Credit program have successfully secured a meeting time with the US Department of Labor’s Assistant Secretary Jane Oats. Ms. Oats is Assistant Secretary for the DOL’s Employment and Training Administration (“ETA).
In the wake of the Department of Labor’s recent OMB recommendation to terminate the program, WOTC advocates hope to persuade DOL officials to more actively support renewal and funding of the WOTC program with Congress. (more…)
- Published in Federal Legislation, Work Opportunity Tax Credit
HR 2082 – Bill to Extend and Refine the Work Opportunity Tax Credit Program
I received an update from Paul Suplizio, President of the WOTC Coalition today. There is recent progress on the legislative front for an extension of the Work Opportunity Tax Credit.
The WOTC program is currently slated to expire on December 31, 2011. While that might at first seem alarming if your company has been relying on the program to offset hiring costs, its par for the WOTC game. Over the years, Congress has repeatedly allowed the program to expire or nearly expire before renewing it for another term. (more…)
- Published in Federal Legislation, Work Opportunity Tax Credit