summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to establish a tax credit for employers of veterans who received an honorable discharge. Revenue.
AI Summary
This bill establishes a tax credit for employers in Massachusetts who hire veterans who received an 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 tax credit provision will expire five years from its effective date.
Committee Categories
Budget and Finance
Sponsors (6)
Ryan Fattman (R),
Donald Humason (R),
Eric Lesser (D),
Keiko Orrall (R),
Richard Ross (R),
Bruce Tarr (R),
Last Action
Accompanied a study order, see S2497 (on 04/30/2018)
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/190/S1627 |
| Bill | https://malegislature.gov/Bills/190/S1627.pdf |
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