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BRIDGE Act

Bill Number
H.R. 7998
Origin Chamber
House
Congress
119th Congress, Session 2
Policy Area
Taxation
Status
Introduced
Latest Action
2026-03-19: Referred to the House Committee on Ways and Means.
Last Updated
2026-07-10T08:06:21Z

AI-Generated Summary

Purpose

The BRIDGE Act (H.R. 7998) aims to extend and broaden the Work Opportunity Tax Credit (WOTC), a tax incentive that encourages employers to hire individuals from certain disadvantaged groups. WOTC provides employers with a tax credit (a dollar-for-dollar reduction in taxes owed) for wages paid to eligible new hires.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Bell, Wesley [D-MO-1]

Cosponsors (1)

Del. Norton, Eleanor Holmes [D-DC-At Large]

Recent Actions

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