summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd 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 upon their honorable discharge from at least 90 days of 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. The credit is available for the first 12 months of employment and is capped at $50,000 per business in any calendar year. The tax credit provision expires five years from its effective date.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5248 (on 10/03/2022)
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/192/S1947 |
| Bill | https://malegislature.gov/Bills/192/S1947.pdf |
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