BRIDGE Act

The BRIDGE Act extends the work opportunity tax credit through 2030 and expands eligibility to include individuals with felony convictions or incarceration histories, as well as out-of-school youth. Employers who hire these qualified individuals after the bill's enactment can receive tax credits, with the credit amount determined under existing Internal Revenue Code provisions. The bill also requires the Treasury Secretary to issue regulations for implementation and directs the Comptroller General to study how to improve the efficiency of the credit claiming process.