Government Bill
Bill Number: GB-102550
Title: Economic Growth and Employment Act
Date Introduced: March 15, 2050
Purpose:
To stimulate economic growth, provide tax incentives to small businesses, and create new job opportunities through strategic investments in infrastructure and workforce programs.
Sections:
Economic Growth: $10 billion fund for national infrastructure improvements.
Tax Incentives: Tax credits for small businesses with fewer than 100 employees (up to $500,000 annually).
Employment Programs: 500,000 new job placements over 5 years in key sectors.
Implementation: Oversight committee and semi-annual reports.
Budget Breakdown:
Item | Amount | Purpose | Allocation |
---|
Infrastructure Fund | $10 Billion | National infrastructure | 40% |
Tax Credits | $5 Billion | Small business growth | 25% |
Employment Programs | $7 Billion | Job creation | 35% |
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