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Bill > S1849


MA S1849

MA S1849
To establishing a hiring the homeless tax credit


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to establish a hiring the homeless tax credit. Revenue.

AI Summary

This bill establishes a hiring the homeless tax credit program that provides various tax credits to businesses that hire and support homeless individuals. The key provisions include: 1) defining a "homeless individual" as someone whose primary nighttime residence is a state-approved support service home or agency, or a public/private location not considered feasible for sleeping; 2) creating a homeless persons database to help businesses find qualified candidates; 3) offering tax credits for hiring, training, providing healthcare benefits, and subsidizing transportation costs for homeless employees; and 4) allowing businesses to carry over unused tax credits for up to 5 subsequent years if the homeless employee is still employed. The program is to be implemented and enforced by the Department of Labor Standards in consultation with the Department of Revenue.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Accompanied a study order, see H5247 (on 09/26/2022)

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