summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
For legislation to establish a tax credit for employment of veterans. Revenue.
AI Summary
This bill establishes a tax credit for employers in Massachusetts who hire veterans upon their honorable discharge from at least 90 days of military service. The credit is $500 per month of employment for each newly hired full-time veteran and $750 per month for each newly hired disabled veteran. The credit is available for the first 12 months of employment and is capped at $50,000 per business in any calendar year. The bill is set to expire five years from its effective date.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5045 (on 09/12/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/S1904 |
| BillText | https://malegislature.gov/Bills/193/S1904.pdf |
Loading...