GAC Monthly Conference Call. March 22, 2010. March Legislative Summary. Healthcare Yelling NCAA Basketball. Jobs Bill. HIRE Act Signed into law March 18 th Exemption from social security payroll taxes for every worker hired in 2010 who had been unemployed for at least 60 days.
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March 22, 2010
Signed into law March 18th
Exemption from social security payroll taxes for every worker hired in 2010 who had been unemployed for at least 60 days.
$1,000 income tax credit for employers for every new employee retained for a year
Allows small businesses to write off more of their expenditures
Extends existing highway programs, allowing billions more to be invested in infrastructure throughout the nation and saves one million jobs.
Allows state and local governments to borrow at lower costs to finance more infrastructure projects and put people to work.
State and local issues.