In February, Pres. Barack Obama signed into law a bipartisan Jobs Bill that Sen. Reid led to passage in the Senate. The bill will help put Nevadans back to work!
Sen. Reid worked tirelessly to secure bipartisan support for this legislation that gives Nevada’s small businesses the resources and support they need to begin hiring again!
Highlights of the new Jobs Bill:
…promotes hiring by cutting payroll taxes for employers who hire anyone who has previously been unemployed for 60 days;
…encourages job retention by giving employers a $1,000 tax credit for every new employee who is retained for at least one year;
…helps small business hire more workers by allowing them to write off the costs of major purchases, freeing up capital that will allow them to grow and hire new employees;
…saves and creates construction jobs by extending existing highway programs, and making funding available for transportation and infrastructure projects in Nevada;
…helps state and local governments fund job-creating construction projects on courthouses, schools, roads, public safety buildings and public utilities.