Bill

Bill > S1900


MA S1900

Establishing a tax credit for employment of national guard members


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 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)

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