TARGETED JOBS CREDIT.

SEC. 11405. TARGETED JOBS CREDIT. (a) In General.— Paragraph (4) of section 51(c) is amended by striking “September 30, 1990” and inserting “December 31, 1991”. (b) Authorization.— Paragraph (2) of section 261(f) of the Economic Recovery Act of 1981 is amended by striking “fiscal year 1982” and all that follows through “necessary” and inserting “each fiscal year such sums as may be necessary”. (c) Effective Dates.— (1) Credit.— The amendment made by subsection (a) shall apply to individuals who begin work for the employer after September 30, 1990. (2) Authorization.— The amendment made by subsection (b) shall apply to fiscal years beginning after 1990.