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America Works Act of 2023
2/1/2024, 3:30 PM
Summary of Bill HR 1581
One of the key provisions of the America Works Act is the establishment of a tax credit for businesses that create new jobs in the United States. This tax credit would provide financial incentives for companies to hire American workers and expand their workforce, ultimately leading to increased employment opportunities for US citizens.
Additionally, the bill includes provisions to support domestic manufacturing by providing grants and loans to businesses that invest in manufacturing facilities in the United States. By encouraging companies to produce goods domestically, the America Works Act aims to boost the American manufacturing sector and create more jobs in this industry. Furthermore, the legislation includes measures to streamline the process for businesses to obtain permits and licenses for construction projects, with the goal of accelerating infrastructure development and creating additional job opportunities in the construction sector. Overall, the America Works Act of 2023 is focused on stimulating job creation and economic growth in the United States through a combination of tax incentives, grants, and regulatory reforms aimed at incentivizing businesses to hire American workers and invest in domestic manufacturing.
Congressional Summary of HR 1581
America Works Act of 2023
This bill expands applicability of the work requirements for Supplemental Nutrition Assistance Program (SNAP) recipients who are able-bodied adults without dependents (ABAWDs). (SNAP recipients who are ABAWDs have work-related requirements in addition to the general SNAP work registration and employment and training requirements.)
Specifically, this bill applies the work requirements for ABAWDs to adults who are not over 65 years old, whereas these requirements currently apply to adults who are not over 50 years old.
Further, the ABAWD exemption for a parent or household member with responsibility for a dependent child is restricted to a dependent child under the age of seven. Current law does not include an age for the child.
The bill also amends an ABAWD waiver program that allows state exemptions based on an area having an unemployment rate of over 10% or an insufficient number of jobs. Specifically, the bill repeals the provision that allows a state exemption if that area does not have a sufficient number of jobs.
Under current law, a state agency may exempt up to 12% of SNAP recipients from the ABAWD work requirements for each fiscal year; unused exemptions may be carried over and used in a subsequent fiscal year. Under the bill, unused exemptions may not be carried over.
