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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 10423 Introduced in House (IH)]

<DOC>

118th CONGRESS
  2d Session
                               H. R. 10423

     To amend the Internal Revenue Code of 1986 to allow the work 
     opportunity tax credit for hiring displaced disaster victims.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                           December 16, 2024

 Ms. Crockett (for herself, Mr. Moskowitz, and Mr. Edwards) introduced 
  the following bill; which was referred to the Committee on Ways and 
                                 Means

_______________________________________________________________________

                                 A BILL

 
     To amend the Internal Revenue Code of 1986 to allow the work 
     opportunity tax credit for hiring displaced disaster victims.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Helping Increase Realtime Employment 
for Communities Recovering from Emergency Disasters for Interim Time 
Act'' or as the ``HIRE CREDIT Act''.

SEC. 2. WORK OPPORTUNITY TAX CREDIT FOR HIRING DISPLACED DISASTER 
              VICTIMS.

    (a) In General.--Section 51(d) of the Internal Revenue Code of 1986 
is amended by striking ``or'' at the end of subparagraph (I), by 
striking the period at the end of subparagraph (J) and inserting ``, 
or'', and by adding at the end the following new subparagraph:
                    ``(K) a displaced disaster victim.''.
    (b) Displaced Disaster Victim.--Section 51(d) of such Code is 
amended by adding at the end the following new paragraph:
            ``(16) Displaced disaster victim.--
                    ``(A) In general.--The term `displaced disaster 
                victim' means any individual who is certified by the 
                designated local agency--
                            ``(i) as having a principal residence (as 
                        defined in section 1033(h)(4)) in a qualified 
                        disaster zone which was rendered uninhabitable 
                        as a result of the qualified disaster with 
                        respect to such qualified disaster zone,
                            ``(ii) as being employed (immediately prior 
                        to the incident period with respect to such 
                        qualified disaster) at a location in such 
                        qualified disaster zone which was rendered 
                        inoperable as a result of such qualified 
                        disaster, and
                            ``(iii) as being in a period of 
                        unemployment.
                    ``(B) Temporary status.--The term `displaced 
                disaster victim' shall not include any individual 
                unless the hiring date with respect to such individual 
                is before the date which is 1 year after the last day 
                of the incident period with respect to the qualified 
                disaster referred to in subparagraph (A).
                    ``(C) Exclusion of full-time employment outside of 
                qualified disaster zone.--If the principal place of 
                employment by the taxpayer of any displaced disaster 
                victim is outside of the qualified disaster zone with 
                respect to such individual, the term `qualified wages' 
                shall not include any amount paid or incurred by such 
                employer as compensation for the services of such 
                individual with respect to any calendar week if such 
                individual provided 30 or more hours of services to 
                such employer during such week.
                    ``(D) Qualified disaster zone.--The term `qualified 
                disaster zone' means any area--
                            ``(i) with respect to which a major 
                        disaster was declared, on or after January 1, 
                        2024, by the President under section 401 of the 
                        Robert T. Stafford Disaster Relief and 
                        Emergency Assistance Act, and
                            ``(ii) which was determined by the 
                        President, on or after January 1, 2024, to 
                        warrant individual or individual and public 
                        assistance from the Federal Government under 
                        the Robert T. Stafford Disaster Relief and 
                        Emergency Assistance Act by reason of the 
                        qualified disaster with respect to such 
                        disaster area.
                    ``(E) Qualified disaster.--The term `qualified 
                disaster' means, with respect to any qualified disaster 
                zone, the disaster by reason of which a major disaster 
                was declared with respect to such area.
                    ``(F) Incident period.--The term `incident period' 
                means, with respect to any qualified disaster, the 
                period specified by the Federal Emergency Management 
                Agency as the period during which such disaster 
                occurred (except that for purposes of this paragraph 
                such period shall not be treated as beginning before 
                January 1, 2024).''.
    (c) Effective Date.--The amendments made by this section shall 
apply to individuals who begin work for the employer on or after 
January 1, 2024.
    (d) Transition Rules.--In the case of any qualified disaster the 
incident period of which ends before the date of the enactment of this 
Act--
            (1) section 51(d)(16)(B) of the Internal Revenue Code of 
        1986 shall be applied by substituting ``the date of the 
        enactment of this Act'' for ``the last day'' and all that 
        follows, and
            (2) in the case of an individual who begins work for the 
        employer before the date of the enactment of this Act, section 
        51(d)(15)(A)(iii) shall be determined with respect to the 
        period before the date on which such individual so begins such 
        work.
                                 <all>
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