Detailed Instructions: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Problem:SECTION 1. SHORT TITLE.

This Act may be cited as the ''American Unemployed Worker
Investment Act of 2013''.

SEC. 2. CREDIT FOR EMPLOYERS WHO HIRE INDIVIDUALS RECEIVING
UNEMPLOYMENT COMPENSATION.

(a) In General.--Subsection (d) of section 51 of the Internal
Revenue Code of 1986 (defining members of targeted group) is amended by
striking ''or'' at the end of subparagraph (H), by striking the period
at the end of subparagraph (I) and inserting '', or'', and by adding at
the end the following new subparagraph:
''(J) in the case of a small business employer, a
qualified unemployment compensation recipient.''.
(b) Qualified Unemployment Compensation Recipient.--Subsection (d)
of section 51 of the Internal Revenue Code of 1986 is amended by
redesignating paragraphs (11) through (14) as paragraphs (12) through
(15), respectively, and by inserting after paragraph (10) the following
new paragraph:
''(11) Qualified unemployment compensation recipient; small
business employer.--
''(A) In general.--The term 'qualified unemployment
compensation recipient' means any individual who is
certified by the designated local agency as--
''(i) not being a student for at least 6
months during the 1-year period ending on the
hiring date,
''(ii) being in receipt of unemployment
compensation under State or Federal law on the
hiring date, and
''(iii) having a hiring date during the 2-
year period which begins on the date of the
enactment of this paragraph.
''(B) Small business employer.--For purposes of
this paragraph, the term 'small business employer'
means, with respect to any hiring date, any employer
which employs more than 10 but fewer than 25 full-time
equivalent employees throughout the taxable year.
''(C) Student.--For purposes of this paragraph, a
student is an individual enrolled at least half-time in
a program that leads to a degree, certificate, or other
recognized educational credential for at least 6 months
(whether or not consecutive) during the 1-year period
ending on the hiring date.''.
(c) Maximum $4,000 Credit Per Employee.--Paragraph (3) of section
51(b) of the Internal Revenue Code of 1986 is amended by inserting
''$10,000 per year in the case of any individual who is a qualified
unemployment compensation recipient by reason of subsection (d)(11),''
after ''$6,000 per year (''.
(d) Denial of Credit Unless Employment Full Time for 1 Year.--
Paragraph (3) of section 51(i) of the Internal Revenue Code of 1986
(relating to individuals not meeting minimum employment periods) is
amended by adding at the end the following new subparagraph:
''(C) Special rules for qualified unemployment
compensation recipients.--No wages shall be taken into
account under subsection (a) with respect to a
qualified unemployment compensation recipient unless--
''(i) such individual is employed by the
employer for not less than 35 hours per week
for not less than 1 year, and
''(ii) the number of full-time equivalent
employees of the employer is increased by 1 for
at least 1 year by reason of such individual's
employment by the employer.''.
(e) Credit Made Available to Tax-Exempt Employers in Certain
Circumstances.--
(1) In general.--Subsection (e) of section 3111 of the
Internal Revenue Code of 1986 is amended--
(A) by striking ''Qualified Veterans'' in the
subsection heading and inserting ''Qualified
Individuals'',
(B) by striking ''qualified veteran'' each place it
appears in the text and inserting ''qualified
individual'', and
(C) by striking ''qualified veterans'' in paragraph
(2) and inserting ''qualified individuals''.
(2) Qualified individual defined.--Subparagraph (B) of
section 3111(e)(5) of such Code is amended to read as follows:
''(B) the term 'qualified individual' means--
''(i) any qualified veteran (as defined in
section 51(d)(3)), and
''(ii) any qualified unemployment
compensation recipient (as defined in section
51(d)(11)).''.
(3) Conforming amendment.--Paragraph (2) of section 52(c)
of such Code is amended--
(A) by inserting ''and qualified unemployment
compensation recipients'' after ''qualified veterans''
in the heading, and
(B) by inserting ''and qualified unemployment
compensation recipients'' after ''qualified veterans''
in the text.
(f) Effective Date.--The amendments made by this section shall
apply to individuals who begin work for the employer after the date of
the enactment of this Act.
Solution:
American Unemployed Worker Investment Act of 2013 - Amends the Internal Revenue Code to allow a small business employer (i.e., an employer that employs more than 10 but fewer than 25 full-time employees throughout the taxable year) a work opportunity tax credit for hiring a qualified unemployment compensation recipient. Allows the first $10,000 of wages paid to such a recipient to be taken in account for purposes of such credit. Defines "qualified unemployment compensation recipient" as any individual who is certified as: (1) not being a student for at least six months during the one-year period ending on the hiring date, (2) being in receipt of unemployment compensation on the hiring date, and (3) having a hiring date during the two-year period which begins on the enactment of this Act. Denies such credit unless: (1) thequalified unemployment compensation recipient is employed for notless than 35 hours per week for notless than 1 year, and (2) the number of full-time employees of the employer receiving such credit is increased by 1 for at least 1 year.