Senator Rob Portman (R-OH) made an appearance last Friday on the Urban-Brookings Tax Policy Center podcast “Dollars and Sense”.
During the podcast the Ohio Senator called for an expansion of the Work Opportunity Tax Credit and for making it permanent, and to update the qualifying categories due to Covid-19. WOTC Would currently expire on 12/31/2020.
“The credit lacks a category for workers unemployed because of the pandemic,” Portman said.
The WOTC tax credit is available for employers who hire workers from targeted groups that have consistently faced barriers to finding employment.
According to Law 360, the Senate is scheduled to be in session the week of Nov. 9, apart from the Veterans Day holiday Nov. 11, and both the Senate and the House of Representatives are scheduled to be in session the week of Nov. 16.
Senator Portman has been a long-time supporter of the Work Opportunity Tax Credit and its extensions, last April, along with Senator Sherrod Brown, he introduced the Work Opportunity Tax Credit & Jobs Act to the senate.
Read more:
Sen. Rob Portman on the importance of a fair global trading system (Brookings Institute Podcast)
Sen. Portman Optimistic On Post-Election Virus Relief Bill (Law 360 Tax Authority)
Brian Kelly: Making the Work Opportunity Tax Credit (WOTC) Permanent Makes Sense (CMS WOTC)