Bill > S06799

This bill creates a tax credit for employers who hire individuals on probation or parole. The credit is 35% of the first $6,000 in qualified first-year wages for each eligible employee, or 35% of the first $6,000 in qualified second-year wages if the employee is also eligible for the federal work opportunity tax credit. To qualify, an employee must have been convicted of a felony, be on probation or parole, and work full-time for the employer for at least 180 days or 400 hours. The credit may be carried forward to future tax years if it exceeds the employer's tax liability. The provisions are intended to coordinate with the federal work opportunity tax credit to the extent they are consistent.