EXTENSION AND MODIFICATION OF WORK OPPORTUNITY TAX CREDIT.

SEC. 142. EXTENSION AND MODIFICATION OF WORK OPPORTUNITY TAX CREDIT. (a) [26 U.S.C. 51] In general.—Section 51(c)(4) is amended by striking “December 31, 2014” and inserting “December 31, 2019”. (b) Credit for Hiring Long-term Unemployment Recipients.— (1) In general.—Section 51(d)(1) is amended by striking “or” at the end of subparagraph (H), by striking the period at the end of subparagraph (I) and inserting “, or”, and by adding at the end the following new subparagraph: “(J) a qualified long-term unemployment recipient.” . (2) Qualified long-term unemployment recipient.—Section 51(d) is amended by adding at the end the following new paragraph: “(15) Qualified long-term unemployment recipient.—The term ‘qualified long-term unemployment recipient’ means any individual who is certified by the designated local agency as being in a period of unemployment which— “(A) is not less than 27 consecutive weeks, and “(B) includes a period in which the individual was receiving unemployment compensation under State or Federal law.” . (c) [26 U.S.C. 51 note] Effective Dates.— (1) Extension.—The amendment made by subsection (a) shall apply to individuals who begin work for the employer after December 31, 2014. (2) Modification.—The amendments made by subsection (b) shall apply to individuals who begin work for the employer after December 31, 2015.