On June 20th, after a marathon mark-up session and by a vote of 24-17, the US House Ways and Means Committee advanced a number of measures. Of most importance to the Work Opportunity Tax Credit (WOTC), was H.R. 3301, “The Taxpayer Certainty and Disaster Relief Act.” The bill would extend for one year a number of incentives scheduled to expire at the end of 2019, including the Work Opportunity Tax Credit. This would extend WOTC and other provisions listed through 2020.
H. R. 3301 was introduced to committee on June 18 by Representative Mike Thompson (D, California). Commenting on his bill, Thompson said:
‘This is good news for the American taxpayer and good news for disaster survivors. By approving my bill, we are taking a big step forward in providing longer-term certainty in our tax code.” (Vallejo Time-Herald)
