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 national guard members. Revenue.
AI Summary
This bill establishes a tax credit for businesses in Massachusetts that employ members of the Massachusetts National Guard. Specifically, the bill provides a $2,000 tax credit for each National Guard member hired, and an additional $2,000 credit in the subsequent year if the National Guard member's employment is continued. To be eligible, the business must have 100 or fewer employees, and the National Guard member's primary place of employment and residence must be in Massachusetts. The total cumulative value of the credits authorized under this bill and a related provision in Chapter 63 is capped at $1,000,000 annually.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied H2857 (on 04/07/2022)
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/S1900 |
Bill | https://malegislature.gov/Bills/192/S1900.pdf |
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