Bill > S05358

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 credit is $3,000 per hired individual for the first year of employment and an additional $1,000 if the individual remains employed for an additional 12 months. The credit cannot reduce the employer's tax liability below a certain minimum amount, but any excess credit can be treated as an overpayment to be credited or refunded. The bill applies to taxable years beginning on or after January 1, 2022 and to employees hired after the bill takes effect.