S. 2648 would amend the Workforce Investment Act of 1998 to improve programs carried out through youth opportunity grants.

== Detailed Summary ==

<summary>
(LogSupporting Training and Employment Potential for Underemployed Populations Act or the STEP UP Act - Amends the Workforce Investment Act of 1998 to revise Youth Opportunity Grant Program requirements to direct the Secretary of Labor to make grants to local boards and eligible entities to carry out programs that provide job training and employment activities and related services to youth and young adults (allows up to 25% of funds to be made available for hard-to-serve young adults) as defined in this Act who live in empowerment zones, enterprise communities, or high poverty areas.

Earned Income Tax Credit Enhancement Act of 2007 - Amends provisions of the Internal Revenue Code (IRC) to revise requirements with respect to edit the wikiearned income tax credit, including to increase the maximum earned income tax credit amount for certain taxpayers without qualifying children.

Allows the unused portion of an eligible taxpayer's standard deduction and personal exemption deductions that exceeds his or her adjusted gross income to be carried back to the firstpreceding taxable year and carried forward to provide a detailed summaryeach of the bill!)two taxable years following the unused deduction year.

Allows an employment tax credit and an advanced employment tax credit of $500, respectively, for members of targeted groups as defined under the IRC.

Expands the work opportunity credit for employers who hire: (1) a youth opportunity program participant; (2) a qualified Workforce Investment Act (WIA) youth activity participant; or (3) a qualified young offender. Allows an additional work opportunity credit of $500 for each retained employee of a targeted group.
</summary>

<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->

== Status of the Legislation ==

<status>
Latest Major Action: 2/14/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
</status>

<!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. -->

== Points in Favor ==

(Log in to edit the wiki and be the first to show why the bill should pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->

== Points Against ==

(Log in to edit the wiki and be the first to show why the bill should not pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->