The Job Growth Incentive Amendment Act of 2025 aims to stimulate the District of Columbia's economy by providing tax credits to businesses that create new jobs for District residents. Specifically, the bill allows businesses to apply for a tax credit if they create at least 25 new jobs between 2027 and 2032, with the requirement that these positions pay at least the average yearly wage in DC. The tax credit can be claimed for up to ten years if the new positions are retained for a longer period, and it is designed to incentivize projects that would not occur without this financial support.

The bill amends existing law by extending the eligibility period for job growth tax credits to include tax years beginning on or after January 1, 2027, and prior to January 1, 2032. It also increases the potential tax credit to 100% of the taxpayer's total estimated FICA taxes for new employees who are District residents, compared to the previous 50% for earlier tax credit periods. Additionally, the applicability date of the Job Growth Incentive Act of 2010 is extended from January 1, 2030, to January 1, 2043. These changes are intended to enhance the effectiveness of the tax credit program in promoting job creation and economic growth in the District.