26 U.S.C. 51: Amount of credit

2020

• Pub. L. 116–260 substituted "December 31, 2025" for "December 31, 2020". (Consolidated Appropriations Act, 2021) Law text · (c)

2019

• Pub. L. 116–94 substituted "December 31, 2020" for "December 31, 2019". (Further Consolidated Appropriations Act, 2020) Law text · (c)

2018

• Pub. L. 115–141, §401(a)(26), inserted period at end. (Consolidated Appropriations Act, 2018) Law text · (c)
• Pub. L. 115–141, §401(a)(27), inserted comma at end. (Consolidated Appropriations Act, 2018) Law text · (d)
• Pub. L. 115–141, §401(a)(28), substituted "supplemental nutrition assistance program benefits recipient" for "food stamp recipient" in heading. (Consolidated Appropriations Act, 2018) Law text · (d)
• Pub. L. 115–141, §401(a)(29), substituted "entity" for "entity,". (Consolidated Appropriations Act, 2018) Law text · (i)

2015

• Pub. L. 114–113, §142(a), substituted "December 31, 2019" for "December 31, 2014". (Consolidated Appropriations Act, 2016) Law text · (c)
• Pub. L. 114–113, §142(b)(1), added subpar. (J). (Consolidated Appropriations Act, 2016) Law text · (d)
• Pub. L. 114–113, §142(b)(2), added par. (15). (Consolidated Appropriations Act, 2016) Law text · (d)

2014

• Pub. L. 113–295 substituted "for the employer after December 31, 2014" for "for the employer— Law text · (c)

2013

• Pub. L. 112–240 substituted "after December 31, 2013" for "after— (American Taxpayer Relief Act of 2012) Law text · (c)

2011

• Pub. L. 112–56, §261(a), substituted "($12,000 per year in the case of any individual who is a qualified veteran by reason of subsection (d)(3)(A)(ii)(I), $14,000 per year in the case of any individual who is a qualified veteran by reason of subsection (d)(3)(A)(iv), and $24,000 per… Law text · (b)
• Pub. L. 112–56, §261(d), amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: "after December 31, 2011." Law text · (c)
• Pub. L. 112–56, §261(b), added cls. (iii) and (iv). Law text · (d), (iv)
• Pub. L. 112–56, §261(c), added subpar. (D). Law text · (d)

2010

• Pub. L. 111–312 substituted "December 31, 2011" for "August 31, 2011". (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) Law text · (c)
• Pub. L. 111–147 added par. (5). (Hiring Incentives to Restore Employment Act) Law text · (c)

2009

• Pub. L. 111–5 added par. (14). (American Recovery and Reinvestment Act of 2009) Law text · (d)

2008

• Pub. L. 110–246, §4002(b)(1)(D), (2)(O), substituted "supplemental nutrition assistance program benefits" for "food stamp". (Food, Conservation, and Energy Act of 2008) Law text · (d)
• Pub. L. 110–246, §4002(b)(1)(A), (B), (2)(O), substituted "Food and Nutrition Act of 2008" for "Food Stamp Act of 1977" and "supplemental nutrition assistance program" for "food stamp program". (Food, Conservation, and Energy Act of 2008) Law text · (d)
• Pub. L. 110–246, §4002(b)(1)(D), (2)(O), substituted "supplemental nutrition assistance program benefits" for "food stamp" in introductory provisions. (Food, Conservation, and Energy Act of 2008) Law text · (d)
• Pub. L. 110–246, §4002(b)(1)(A), (B), (2)(O), substituted "Food and Nutrition Act of 2008" for "Food Stamp Act of 1977" and "supplemental nutrition assistance program" for "food stamp program". (Food, Conservation, and Energy Act of 2008) Law text · (d)
• Pub. L. 110–246, §4002(b)(1)(B), (2)(O), substituted "Food and Nutrition Act of 2008" for "Food Stamp Act of 1977". (Food, Conservation, and Energy Act of 2008) Law text · (d)
• Pub. L. 110–246, §4002(b)(1)(A), (2)(O), substituted "supplemental nutrition assistance program" for "food stamp program". (Food, Conservation, and Energy Act of 2008) Law text · (d)

2007

• Pub. L. 110–28, §8211(d)(2), substituted "Limitation on" for "Only first $6,000 of" in heading and inserted "($12,000 per year in the case of any individual who is a qualified veteran by reason of subsection (d)(3)(A)(ii))" before period at end. (U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007) Law text · (b)
• Pub. L. 110–28, §8211(a), substituted "August 31, 2011" for "December 31, 2007". (U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007) Law text · (c)
• Pub. L. 110–28, §8211(b)(2), amended subpar. (D) generally. Prior to amendment, subpar. (D) read as follows: "a high-risk youth,". (U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007) Law text · (d)
• Pub. L. 110–28, §8211(d)(1)(A), substituted "agency as—" and cls. (i) and (ii) for "agency as being a member of a family receiving assistance under a food stamp program under the Food Stamp Act of 1977 for at least a 3-month period ending during the 12-month period ending on the … (U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007) Law text · (d)
• Pub. L. 110–28, §8211(d)(1)(B), added subpar. (C). (U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007) Law text · (d)
• Pub. L. 110–28, §8211(b)(1), amended heading and text of par. (5) generally. Prior to amendment, text read as follows: (U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007) Law text · (d)
• Pub. L. 110–28, §8211(c), added cl. (iii). (U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007) Law text · (d)

2006

• Pub. L. 109–432, §105(a), substituted "2007" for "2005". (Tax Relief and Health Care Act of 2006) Law text · (c)
• Pub. L. 109–432, §105(e)(1), added subpar. (I). (Tax Relief and Health Care Act of 2006) Law text · (d)
• Pub. L. 109–432, §105(b), inserted "and" at end of subpar. (A), substituted a period for ", and" at end of subpar. (B), and struck out subpar. (C) and concluding provisions which read as follows: (Tax Relief and Health Care Act of 2006) Law text · (d)
• Pub. L. 109–432, §105(c), substituted "40" for "25". (Tax Relief and Health Care Act of 2006) Law text · (d)
• Pub. L. 109–432, §105(e)(2), added par. (10) and redesignated former pars. (10) and (11) as (11) and (12), respectively. Former par. (12) redesignated (13). (Tax Relief and Health Care Act of 2006) Law text · (d)
• Pub. L. 109–432, §105(d), substituted "28th day" for "21st day". (Tax Relief and Health Care Act of 2006) Law text · (d)
• Pub. L. 109–432, §105(e)(2), redesignated par. (12) as (13). (Tax Relief and Health Care Act of 2006) Law text · (d)
• Pub. L. 109–432, §105(e)(3), added subsec. (e). (Tax Relief and Health Care Act of 2006) Law text · (e)

2004

• Pub. L. 108–311, §303(a)(1), substituted "2005" for "2003". (Working Families Tax Relief Act of 2004) Law text · (c)
• Pub. L. 108–311, §207(5)(A), substituted "subparagraphs (A) through (G) of section 152(d)(2)" for "paragraphs (1) through (8) of section 152(a)". (Working Families Tax Relief Act of 2004) Law text · (i), (B)
• Pub. L. 108–311, §207(5)(B), substituted "152(d)(2)(H)" for "152(a)(9)". (Working Families Tax Relief Act of 2004) Law text · (i)

2002

• Pub. L. 107–147 substituted "2003" for "2001". (Job Creation and Worker Assistance Act of 2002) Law text · (c)

2000

• Pub. L. 106–554, §1(a)(7) [title III, §316(a)], substituted "program funded" for "plan approved" and struck out "(relating to assistance for needy families with minor children)" after "Social Security Act". (Consolidated Appropriations Act, 2001) Law text · (d)
• Pub. L. 106–554, §1(a)(7) [title I, §102(a)], substituted "empowerment zone, enterprise community, or renewal community" for "empowerment zone or enterprise community". (Consolidated Appropriations Act, 2001) Law text · (d)
• Pub. L. 106–554, §1(a)(7) [title I, §102(a), (c)], inserted "or community" after "zone" in heading and substituted "empowerment zone, enterprise community, or renewal community" for "empowerment zone or enterprise community" in text. (Consolidated Appropriations Act, 2001) Law text · (d)
• Pub. L. 106–554, §1(a)(7) [title I, §102(b)], substituted "empowerment zone, enterprise community, or renewal community" for "empowerment zone or enterprise community". (Consolidated Appropriations Act, 2001) Law text · (d)
• Pub. L. 106–554, §1(a)(7) [title I, §102(c)], inserted "or community" after "zone" in heading. (Consolidated Appropriations Act, 2001) Law text · (d)

1999

• Pub. L. 106–170, §505(a), substituted "December 31, 2001" for "June 30, 1999". (Ticket to Work and Work Incentives Improvement Act of 1999) Law text · (c)
• Pub. L. 106–170, §505(b), struck out "during which he was not a member of a targeted group" before period at end. (Ticket to Work and Work Incentives Improvement Act of 1999) Law text · (i)

1998

• Pub. L. 105–277, §1002(a), substituted "June 30, 1999" for "June 30, 1998". (Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 1999) Law text · (c)
• Pub. L. 105–277, §4006(c)(1), substituted "plan for employment" for "rehabilitation plan". (Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 1999) Law text · (d)

1997

• Pub. L. 105–34, §603(d)(1), substituted "40 percent" for "35 percent". (Taxpayer Relief Act of 1997) Law text · (a)
• Pub. L. 105–34, §603(a), substituted "June 30, 1998" for "September 30, 1997". (Taxpayer Relief Act of 1997) Law text · (c)
• Pub. L. 105–34, §603(c)(1), added subpar. (H). (Taxpayer Relief Act of 1997) Law text · (d)
• Pub. L. 105–34, §603(b)(1), substituted "for any 9 months during the 18-month period ending on the hiring date" for "for at least a 9-month period ending during the 9-month period ending on the hiring date". (Taxpayer Relief Act of 1997) Law text · (d)
• Pub. L. 105–34, §603(b)(2), amended heading and text of subpar. (A) generally. Prior to amendment, text read as follows: "The term 'qualified veteran' means any veteran who is certified by the designated local agency as being— (Taxpayer Relief Act of 1997) Law text · (d)
• Pub. L. 105–34, §603(c)(2), added par. (9). Former par. (9) redesignated (10). (Taxpayer Relief Act of 1997) Law text · (d)
• Pub. L. 105–33 repealed Pub. L. 104–193, §110(l)(1). See 1996 Amendment note below. (Balanced Budget Act of 1997) Law text · (d)
• Pub. L. 105–34, §603(c)(2), redesignated pars. (9) to (11) as (10) to (12), respectively. (Taxpayer Relief Act of 1997) Law text · (d)
• Pub. L. 105–34, §603(d)(2), amended heading and text of par. (3) generally. Prior to amendment, text read as follows: "No wages shall be taken into account under subsection (a) with respect to any individual unless such individual either— (Taxpayer Relief Act of 1997) Law text · (i)

1996

• Pub. L. 104–188, §1201(a), (e)(1), substituted "work opportunity credit" for "targeted jobs credit" and "35 percent" for "40 percent". (Small Business Job Protection Act of 1996) Law text · (a)
• Pub. L. 104–188, §1201(f), struck out ", subsection (d)(8)(D)," after "this subsection". (Small Business Job Protection Act of 1996) Law text · (c)
• Pub. L. 104–188, §1201(d), amended par. (4) generally. Prior to amendment, par. (4) read as follows: "Termination.—The term 'wages' shall not include any amount paid or incurred to an individual who begins work for the employer after December 31, 1994." (Small Business Job Protection Act of 1996) Law text · (c)
• Pub. L. 104–188, §1201(b), reenacted heading without change and amended text generally, revising and restating as pars. (1) to (11) provisions formerly contained in pars. (1) to (16). (Small Business Job Protection Act of 1996) Law text · (d)
• Pub. L. 104–193, §110(l)(1), which directed amendment of par. (9) by striking all that follows "agency as" and inserting "being eligible for financial assistance under part A of title IV of the Social Security Act and as having continually received such financial assistance during t… (Personal Responsibility and Work Opportunity Reconciliation Act of 1996) Law text · (d)
• Pub. L. 104–188, §1201(e)(1), substituted "work opportunity credit" for "targeted jobs credit". (Small Business Job Protection Act of 1996) Law text · (g)
• Pub. L. 104–188, §1201(c), amended par. (3) generally. Prior to amendment, par. (3) read as follows: "Individuals not meeting minimum employment period.—No wages shall be taken into account under subsection (a) with respect to any individual unless such individual either— (Small Business Job Protection Act of 1996) Law text · (i)
• Pub. L. 104–188, §1201(e)(5), substituted "Work opportunity credit" for "Targeted jobs credit" in heading. (Small Business Job Protection Act of 1996) Law text · (j)

1993

• Pub. L. 103–66, §13102(a), substituted "December 31, 1994" for "June 30, 1992". · (c)
• Pub. L. 103–66, §13302(d), inserted ", or, if the taxpayer is an entity other than a corporation, to any individual who owns, directly or indirectly, more than 50 percent of the capital and profits interests in the entity," after "of the corporation". · (i)

1991

• Pub. L. 102–227 substituted "June 30, 1992" for "December 31, 1991". · (c)

1990

• Pub. L. 101–508 substituted "December 31, 1991" for "September 30, 1990". · (c)

1989

• Pub. L. 101–239, §7103(a), substituted "September 30, 1990" for "December 31, 1989". · (c)
• Pub. L. 101–239, §7103(c)(1), added subpar. (C). · (d)

1988

• Pub. L. 100–485 substituted "section 482(e)" for "section 414". · (c)
• Pub. L. 100–647, §4010(a), substituted "1989" for "1988". · (c)
• Pub. L. 100–647, §4010(c)(1), substituted "age 23" for "age 25". · (d)
• Pub. L. 100–647, §4010(d)(1), redesignated former cls. (ii) and (iii) as (i) and (ii), respectively, and struck out former cl. (i) which provided that subsection (a) shall be applied by substituting "85 percent" for "40 percent". · (d)
• Pub. L. 100–647, §1017(a), substituted "subsection (a)" for "subsection (a)(1)" in cl. (i). · (d)

1987

• Pub. L. 100–203 added par. (3) and redesignated former par. (3) as (4). · (c), (4)

1986

• Pub. L. 99–514, §1701(b)(1), amended subsec. (a) generally. Prior to amendment, subsec. (a) read as follows: "For purposes of section 38, the amount of the targeted jobs credit determined under this section for the taxable year shall be the sum of— · (a)
• Pub. L. 99–514, §1701(b)(2)(A), redesignated par. (4) as (3) and struck out ", and the amount of the qualified second-year wages," after "first-year wages" and struck out par. (3) which defined "qualified second-year wages". · (b), (4)
• Pub. L. 99–514, §1701(a), substituted "December 31, 1988" for "December 31, 1985". · (c)
• Pub. L. 99–514, §1701(b)(2)(B), in cl. (i), substituted "40 percent" for "50 percent", struck out cl. (ii) which directed that subsecs. (a)(2) and (b)(3) were not to apply, redesignated cl. (iii) as cl. (ii), redesignated cl. (iv) as cl. (iii), and in cl. (iii) as so redesignate… · (d)
• Pub. L. 99–514, §1701(c), added par. (3). · (i)
• Pub. L. 99–514, §1878(f)(1), redesignated subsec. (j) added by section 1041(c)(1) of Pub. L. 98–369 and relating to treatment of successor employers, and employees performing services for other persons, as subsec. (k). · (k)

1984

• Pub. L. 98–369, §474(p)(1), substituted "For purposes of section 38, the amount of the targeted jobs credit determined under this section" for "The amount of the credit allowable by section 44B" in introductory provisions. · (a)
• Pub. L. 98–369, §1041(c)(4), struck out "(or, in the case of a vocational rehabilitation referral, the day the individual begins work for the employer on or after the beginning of such individual's rehabilitation plan)" after "begins work for the employer". · (b)
• Pub. L. 98–369, §2638(b), designated existing provisions as subpar. (A), inserted par. (2) heading, and added subpar. (B). · (c)
• Pub. L. 98–369, §1041(a), substituted "December 31, 1985" for "December 31, 1984". · (c)
• Pub. L. 98–369, §2663(j)(5)(A), substituted "Secretary of Health and Human Services" for "Secretary of Health Education and Welfare". · (d)
• Pub. L. 98–369, §712(n), made determination respecting membership of a qualified summer youth employee or youth participating in a qualified cooperative education program with respect to an employer applicable for purposes of determining whether such individual is a member of anoth… · (d)
• Pub. L. 98–369, §1041(c)(3), substituted "(or if later, on May 1 of the calendar year involved)" for "(as defined in paragraph (14))". · (d)
• Pub. L. 98–369, §1041(c)(2), inserted "For purposes of the preceding sentence, if on or before the day on which such individual begins work for the employer, such individual has received from a designated local agency (or other agency or organization designated pursuant to a wri… · (d)
• Pub. L. 98–369, §474(p)(2), substituted "the targeted jobs credit determined under this subpart" for "the credit provided by section 44B". · (g)
• Pub. L. 98–369, §1041(c)(1), added subsec. (j) relating to treatment of successor employers, and employees performing services for other persons. · (j)
• Pub. L. 98–369, §474(p)(3), added subsec. (j) relating to election to have targeted jobs credit not apply. · (j)

1983

• Pub. L. 97–448, §102(l)(1), substituted "clauses (i), (ii), and (iii) of subparagraph (A)" for "subparagraph (A)". · (d)
• Pub. L. 97–448, §102(l)(3), substituted "section 432(b)(1) or 445" for "section 432(b)(1)". · (d)
• Pub. L. 97–448, §102(l)(4), substituted "the earlier of the month in which such determination occurs or the month in which the hiring date occurs" for "the month in which such determination occurs". · (d)

1982

• Pub. L. 97–248, §233(a), substituted "1984" for "1982". · (c)
• Pub. L. 97–248, §233(b)(3), added subpar. (J). · (d)
• Pub. L. 97–248, §233(d), substituted "consists of money payments or voucher or scrip, and" for "consists of money payments". · (d)
• Pub. L. 97–248, §233(c), inserted provision respecting nonapplicability of paragraph to individuals who begin work for the employer after December 31, 1982. · (d)
• Pub. L. 97–248, §233(b)(4), (5), added par. (12) and redesignated former pars. (12) to (15) as (13) to (16), respectively. · (d)
• Pub. L. 97–248, §233(b)(4), redesignated former par. (15) as (16). · (d)
• Pub. L. 97–248, §233(f), substituted "on or before" for "before" in subpar. (A). · (d)

1981

• Pub. L. 97–34, §261(b)(2)(B)(ii), redesignated par. (4) as (3). Former par. (3), which excluded from term "wages" any amount paid or incurred by the employer to an individual with respect to whom the employer claims credit under section 40 of this title, was struck out. · (c), (4)
• Pub. L. 97–34, §261(a), extended termination date to Dec. 31, 1982, from Dec. 31, 1981, and inserted "to an individual who begins work for the employer" after "paid or incurred". · (c), (4)
• Pub. L. 97–34, §261(b)(1), added subpars. (H) and (I). · (d), (I)
• Pub. L. 97–34, §261(b)(2)(B)(iii), substituted "paragraph (11)" for "paragraph (9)". · (d)
• Pub. L. 97–34, §261(b)(2)(B)(iii), (3), in subpar. (B) inserted "and" after "States," in subpar. (C) substituted "paragraph (11)" for "paragraph (9)", and struck out "(D) not having attained the age of 35 on the hiring date." · (d)
• Pub. L. 97–34, §261(b)(2)(B)(iii), substituted "paragraph (11)" for "paragraph (9)". · (d)
• Pub. L. 97–34, §261(b)(2)(A), added pars. (9) and (10) and redesignated former pars. (9) and (10) as (11) and (12), respectively. · (d), (10)
• Pub. L. 97–34, §261(b)(2)(A), (c)(2), redesignated former par. (9) as (11), substituted "70 percent or less" for "less than 70 percent", and provided for validity of any determination for 45-day period beginning on the date the determination is made. Former par. (11) redesignated (… · (d)
• Pub. L. 97–34, §261(b)(2)(A), redesignated former pars. (10) and (11) as pars. (12) and (13), respectively. Former par. (12) redesignated (14). · (d), (13)
• Pub. L. 97–34, §261(f)(1)(A), substituted as definition for term " 'designated local agency' means a State employment security agency established in accordance with the Act of June 6, 1933, as amended (29 U.S.C. 49–49n)" for " 'designated local agency' means the agency for any loca… · (d)
• Pub. L. 97–34, §261(b)(2)(A), redesignated former par. (12) as (14). · (d)
• Pub. L. 97–34, §261(c)(1), added par. (15). · (d)
• Pub. L. 97–34, §261(e)(1), struck out subsec. (e) which set forth limitation that qualified first-year wages could not exceed 30 percent of FUTA wages for all employees. · (e)
• Pub. L. 97–34, §261(e)(2), substituted "any taxable year" for "any year" in pars. (1) and (2) and struck out par. (3), defining "year" which is covered in pars. (1) and (2). · (f)
• Pub. L. 97–34, §261(f)(1)(B), substituted "United States Employment Service" for "Secretary of Labor" in heading and text. · (g)
• Pub. L. 97–34, §261(d), added subsec. (i). · (i)

1980

• Pub. L. 96–222, §103(a)(6)(E)(ii), substituted ", subsection (d)(8)(D), and subsection (h)(2)" for "subsection (h)(2)". · (c)
• Pub. L. 96–222, §103(a)(6)(G)(iii), inserted "or incurred" after "amounts paid". · (c)
• Pub. L. 96–222, §103(a)(6)(A), substituted "December 31, 1981" for "December 31, 1980". · (c)
• Pub. L. 96–222, §103(a)(6)(G)(iv), struck out "or" after "recipient,". · (d)
• Pub. L. 96–222, §103(a)(6)(G)(v), substituted "active duty" for "active day". · (d)
• Pub. L. 96–222, §103(a)(6)(G)(vi), substituted "preemployment" for "premployment". · (d)
• Pub. L. 96–222, §103(a)(6)(G)(vii), substituted "preemployment" for "pre-employment". · (d)
• Pub. L. 96–222, §103(a)(6)(F), substituted "age 20" for "age 19". · (d)
• Pub. L. 96–222, §103(a)(6)(E)(i), in heading substituted "Wages" for "Individual must be currently pursuing program" and in text substituted "In the case of remuneration" for "Wages shall be taken into account with respect to a qualified cooperative education program only if the … · (d)
• Pub. L. 96–222, §103(a)(6)(G)(viii), substituted "employers" for "employer". · (d)
• Pub. L. 96–222, §103(a)(6)(G)(ix), inserted "except as provided in subsection (h)(1)" after "the preceding sentence,". · (e)

1978

• Pub. L. 95–600 amended section generally and limited allowance of credit to the hiring of seven target groups with high unemployment rates.