Bill > SF300

This bill establishes a military veterans jobs tax credit in Minnesota. Qualified employers who hire disabled or unemployed veterans as qualified employees can claim a tax credit of 10% of the wages paid to those employees, up to a maximum credit of $3,000 for disabled veterans and $1,500 for unemployed veterans. The credit is limited to the employer's tax liability for the year and can only be claimed once per qualified employee. The bill defines key terms such as "qualified employee," "qualified employer," "disabled veteran," and "unemployed veteran," and includes provisions for flow-through entities to pass the credits through to their owners or partners.

Budget and Finance, Military Affairs and Security

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0300&ssn=0&y=2019