summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to establish a tax credit for employment of veterans. Revenue.
AI Summary
This bill establishes a tax credit for employers in Massachusetts who hire veterans, either full-time or disabled, upon their honorable discharge from at least 90 days of military service. The credit is $500 per month of employment for each newly hired full-time veteran, and $750 per month for each newly hired disabled veteran, for the first 12 months of employment. The credit is capped at $50,000 per business in any calendar year, and the provision will expire five years from its effective date.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a study order, see H5080 (on 11/02/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/S1748 |
| Bill | https://malegislature.gov/Bills/191/S1748.pdf |
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