Agency Information Collection Activities; Submission for OMB Review; Comment Request; Work Opportunity Tax Credit
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law focuses on the Work Opportunity Tax Credit, a federal tax credit for employers who hire individuals facing employment barriers. The Department of Labor is seeking public comments as part of the review process by the Office of Management and Budget. The law affects state, local, and tribal governments involved in the collection and administration of information related to the tax credit.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- The Work Opportunity Tax Credit encourages hiring of individuals with employment barriers.
- Public comments are requested as part of the review process.
- State, local, and tribal governments manage the information collection.
Obligations
What this law requires
State, local, and tribal governments must submit written comments and recommendations regarding the information collection related to the Work Opportunity Tax Credit within 30 days of the publication of the notice.
Public comments on the information collection request (ICR) must be submitted to the Office of Management and Budget (OMB) by May 18, 2026.
Employers seeking the Work Opportunity Tax Credit must complete and submit the relevant forms as outlined in the information collection, including but not limited to ETA Form 9061 (Individual Characteristics Form) and ETA Form 9063 (Employer Certification).
The Department of Labor must review and obtain approval for the information collection request from the Office of Management and Budget in accordance with the Paperwork Reduction Act.