State Rep. Mark Tisdel today introduced a resolution calling for Congress to strengthen a tax credit that helps small businesses hire people most in need of a job.
“Work is empowering; it gives us purpose and enables us to provide for physical needs,” said Tisdel, of Rochester Hills. “The federal Work Opportunity Tax Credit encourages businesses to hire people most in need of a job, but over the years, the program has not kept pace with increasing costs. Congress should empower working families by reevaluating and bolstering the tax credit.”
The Work Opportunity Tax Credit, created in 1996, helps businesses hire employees meeting certain criteria, such as certain veterans facing hardship and Supplemental Nutrition Assistance Program (SNAP) recipients. House Resolution 198 would urge Congress to strengthen the Work Opportunity Tax Credit. The measure notes that improving the program could help provide jobs for potential workers who have been disproportionately impacted by the COVID-19 pandemic.
HR 198 was referred to the Committee on Tax Policy, where Tisdel serves as majority vice chair.
Rep. Tisdel says continuing to develop Michigan manufacturing is a key goal for House lawmakers in 2022, remarking that good-paying careers keep people in the state. Rep. Tisdel sponsored legislation that was recently signed into law that exempts Michigan manufacturers from filing annual, repetitive paperwork with their local governments.
After passing the Legislature unanimously, state Rep. Mark Tisdel’s bipartisan plan to eliminate an unnecessary annual tax filing for Michigan job providers today was signed into law by Gov. Gretchen Whitmer.
A plan introduced by state Rep. Mark Tisdel to help Michigan small businesses save on their federal taxes was signed into law today by Gov. Gretchen Whitmer after passing the Legislature with overwhelming bipartisan support.