Bill > A08996

This bill establishes a small business tax credit for the employment of disabled persons. The credit, which can be up to $5,000 per hired disabled employee but not exceeding $25,000 per year, is available to businesses with 100 or fewer employees. To qualify, the disabled employee must work at least 35 hours per week and remain employed for at least 6 months. The bill also authorizes the labor commissioner to administer the tax credit program, including certifying qualified employers and employees. The aggregate amount of tax credits allowed is $5 million per year, and the credit provisions will expire on December 31, 2026.