President Obama signed the Hiring Incentives to Restore Employment Act (the
HIRE Act) on March 18, 2010. The HIRE Act provides $18.6 billion in tax
provisions including $13 billion in tax breaks for hiring and retaining
qualified workers. Additionally, the HIRE Act increases the expensing
limitations under Section 179 of the Code for 2010 and expands the Build
America Bonds program.