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 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)
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/S1849 |
| Bill | https://malegislature.gov/Bills/192/S1849.pdf |
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