HIRE Act

E335791

The HIRE Act is a 2010 U.S. federal law aimed at stimulating job creation and economic recovery through tax incentives and infrastructure spending.

All labels observed (2)

Label Occurrences
HIRE Act canonical 1
Hiring Incentives to Restore Employment Act 1

How this entity was disambiguated

Statements (37)

Predicate Object
instanceOf United States federal law
economic stimulus measure
aimedAt economic recovery
job creation
appliesTo United States employees
United States employers
belongsTo United States economic stimulus legislation
country United States of America
surface form: United States
enactedBy 111th United States Congress
enactedIn 2010
field labor and employment law
tax law
hasComponent hiring incentives
infrastructure investment provisions
retention incentives
hasEffect incentivized hiring of previously unemployed individuals
reduced payroll tax burden for qualifying employers
hasPurpose encourage businesses to expand their workforce
stimulate job growth after the late-2000s recession
includes infrastructure spending measures
jurisdiction United States government
surface form: United States federal government
language English
legalForm statute
policyType fiscal policy
provides payroll tax exemption for certain new hires
retained worker tax credit
tax incentives for hiring unemployed workers
relatedTo American Recovery and Reinvestment Act of 2009
post-2008 financial crisis response
sector employment
infrastructure
signedIntoLawBy Barack Obama
targets business employers
unemployed workers
timePeriod post-Great Recession era
usesInstrument direct government spending
tax expenditure

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Foreign Account Tax Compliance Act partOf HIRE Act
this entity surface form: Hiring Incentives to Restore Employment Act