Bill > S03934

This bill establishes a tax credit for employers who hire individuals who have successfully completed a judicial diversion substance abuse treatment program or graduated from drug court. The tax credit is $3,000 for the first year of employment and an additional $1,000 if the individual remains employed for an additional 12 months. The credit can be applied against the employer's state tax liability, but cannot reduce the tax due below a certain amount. Any unused credit can be treated as an overpayment and refunded, though no interest will be paid on the refund. The bill applies to taxable years beginning on or after January 1, 2020 and applies to employees hired after the bill takes effect.