MI HR0198

Urges Congress to strengthen the Workforce Opportunity Tax Credit (WOTC), which encourages businesses to hire employees from groups facing significant employment barriers

Notes that the WOTC's maximum credit amount has remained unchanged since 1996, limiting its effectiveness as labor costs have risen

Identifies COVID-19 pandemic impacts on disproportionately affected groups and rising labor costs as reasons to increase the credit amount

References H.R. 3449 (2021 Hiring Incentive to Return Employment Act) as proposed legislation that would temporarily increase credit amounts for two years and eliminate rehiring prohibitions

Directs copies of the resolution be sent to the Speaker of the U.S. House, President of the Senate, and Michigan's congressional delegation