summary
Introduced
03/29/2021
03/29/2021
In Committee
04/07/2022
04/07/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to establishing 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. The credit is worth $2,000 per National Guard member hired and can be claimed for up to two consecutive years, as long as the employee remains employed. To be eligible, the business must have 100 or fewer employees, and the National Guard member's primary residence and place of employment must be in Massachusetts. The total cumulative value of the credits claimed under this bill and a related provision in Chapter 62 of the state's General Laws is limited to $1 million annually.
Committee Categories
Budget and Finance
Sponsors (8)
Claire Cronin (D)*,
Michelle DuBois (D),
Carmine Gentile (D),
Jessica Giannino (D),
Susan Gifford (R),
Joe McGonagle (D),
Paul Tucker (D),
Steve Xiarhos (R),
Last Action
No further action taken (on 01/03/2023)
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/H2857 |
Bill | https://malegislature.gov/Bills/192/H2857.pdf |
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