Improve and Enhance the Work Opportunity Tax Credit Act

This bill increases the Work Opportunity Tax Credit (WOTC) for employers hiring from targeted groups like veterans, SNAP recipients, and long-term job seekers. It changes the credit to 50% of first-year wages up to $6,000, plus 50% of wages between $6,000 and $12,000 (for workers with at least 400 hours). The bill also raises wage limits for veterans (e.g., up to $24,000 for some) and removes an age cap for SNAP recipients, allowing all ages to qualify. These changes apply to workers hired after December 31, 2024.