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B 26-0487

Job Growth Incentive Amendment Act of 2025

26th Council Period (2025-2026) Introduced by Brooke Pinto

Job Growth Incentive Amendment Act of 2025 SummaryThe Job Growth Incentive Amendment Act of 2025 is a bill introduced in the District of Columbia Council that aims to modify the ex

Re-Referred to Committee of the Whole
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Bill Summary · B 26-0487

Job Growth Incentive Amendment Act of 2025

Summary

The Job Growth Incentive Amendment Act of 2025 is a bill introduced in the District of Columbia Council that aims to modify the existing Job Growth Incentive Program. The program provides tax credits and other financial incentives to businesses that create new jobs in the District.

Key Provisions

The bill proposes the following key changes to the existing Job Growth Incentive Program:

  1. Increased Tax Credit Amounts: The bill would increase the maximum tax credit available to businesses from $5,000 per new job to $7,500 per new job created.

  2. Expanded Eligible Businesses: The bill would expand the types of businesses eligible for the incentives to include small businesses with fewer than 50 employees, in addition to the currently eligible large businesses.

  3. Extended Eligibility Period: The bill would extend the eligibility period for businesses to claim the tax credits from 3 years to 5 years after creating new jobs.

  4. Enhanced Reporting Requirements: The bill would require participating businesses to submit more detailed annual reports on job creation, wages, and other economic impact metrics to the District government.

Impact

The proposed changes are intended to:

  • Spur Job Growth: By offering higher tax credits and expanding eligibility, the bill aims to incentivize more businesses, including small businesses, to create new jobs in the District.

  • Support Small Businesses: The inclusion of small businesses as eligible participants is expected to provide greater access to the incentive program for a wider range of employers.

  • Improve Program Oversight: The enhanced reporting requirements are designed to enable the District government to better monitor the effectiveness of the program and ensure taxpayer funds are being used as intended.

Timeline

The bill was introduced in the District of Columbia Council on November 17, 2025. A notice of intent to act on the bill has been published in the District of Columbia Register, indicating that the Council will consider and potentially vote on the legislation in the near future.

Compiled from official sources — confirm details with the bill’s official record.

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