NEWS

WOTC to be Included in Tax Extenders

By admin • 10 January 2015 •

A bi-partisan agreement on the tax extenders bill was announced yesterday according to Senate Fiance Committee Chairman Max Baucus and Ranking Minor Member Orrin Hatch.WOTC is going to be included in the bill that is being marked up today and is assured committee approval.  If the enterprise communities and empowerment zones currently being monitored by the WOTC Coalition are renewed, WOTC will be back in full swing this year as soon as the Farm Bill  reauthorizes the Food Stamp Program.  The WOTC Coalition is confident this will happen before September 30th.

Congratulations Are In Order

So many WOTC supporters helped assure WOTC be included in the bi-partisan bill!  Senator Baucus brought on this success and was willing to approach individual Republican senators and Senator Hatch.Paul E. Suplizio, President of the WOTC Coalition stated, “There is a House bill on the Senate calendar that’s ready to go to the floor anytime the Majority Leader Calls it up: H.R. 4078, the Red Tape Reduction and Small Business Job Creation Act.  This bill can be amended with the extenders language, passed and sent to the House.  We are in touch with Senator Reid’s office about this.”Suplizo is keeping us informed on whether the majority leader will be willing to fit the bill into the Senate floor schedule after it passes the senate finance committee today.

If the bill is reported and there is no action taken before the recess, we must continue to work on securing its passage once Congress returns on September 10th.  Congress will head home in early October and will not be back in session until after the election, so the 15 days of floor time will be crucial!

If you would like to get involved in our effort to extend WOTC, contact: 
Shannon Scott
CEO
256.399.0244
sscott@taxbreakcredits.com
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