Work Opportunity Tax Credit
No Brainers: Congress Should Act Quickly on Home Visiting and Foster Youth Jobs Program
Check back here tomorrow for Youth Services Insider‘s long list of youth-related federal legislation to keep an eye on this fiscal year. But we begin today with two pieces of legislation that, in Youth Services Insider‘s estimation, are no- brainers.
New Bill Would Incentivize Hiring of Current, Former Foster Youth
A House bill introduced today would provide tax credits of up to $2,400 to employers who hire current and former foster youth between the ages of 18 and 27. The Improved Employment Outcomes for Foster Youth Act would for the first time include foster youth as an eligible category under the federal Work Opportunity Tax Credit (WOTC), which incentivizes the hiring of certain groups who struggle with barriers to employment.