Reports

(a) In general The Secretary of the Treasury (or the Secretary’s delegate) shall, in consultation with the Administrator of the Small Business Administration, submit to the appropriate congressional committees a report for each of taxable years 2027 through 2030 on— (1) the number of small businesses that claim the increased work opportunity credit for qualified small businesses under section 51(f) of the Internal Revenue Code of 1986, (2) the employee retention rates and wage growth of such businesses, (3) the fiscal effect of the increased work opportunity credit for qualified small businesses under section 51(f) of such Code, and (4) opportunities to improve outreach to small businesses regarding the availability of the work opportunity credit under section 51 of such Code, including the increased credit for qualified small businesses under subsection (f) of such section. (b) Appropriate congressional committees For purposes of this section, the term appropriate congressional committees means— (1) the Committee on Ways and Means of the House of Representatives, (2) the Committee on Small Business of the House of Representatives, (3) the Committee on Finance of the Senate, and (4) the Committee on Small Business and Entrepreneurship of the Senate.