MA S1660

Bill

MA S1660

Creating an incentive for job creation

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to create an incentive for job creation. Revenue.

AI Summary

This bill creates a jobs incentive credit for businesses in Massachusetts that increase their weighted average employment in the state. The credit is equal to 50% of the salaries paid to the new eligible employees, up to a maximum of 50 new jobs. The credit can be claimed over three years, but is subject to a reduction or disqualification if the business's weighted average employment drops below the application year level. The bill also requires the state Department of Revenue to conduct a cost-benefit analysis of the program and report on its findings and recommendations for extending or revising the program.

Committee Categories

Budget and Finance

Sponsors (2)

Richard Ross (R), Bruce Tarr (R),

Last Action

Accompanied a study order, see S2497 (on 04/30/2018)

Official Document

https://malegislature.gov/Bills/190/S1660

(8 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/S1660
Bill	https://malegislature.gov/Bills/190/S1660.pdf

Bill	Bill Name	Last Action	Type
H2184	Relative to shoppable health care services	Accompanied a study order, see H4778	Similar To
H2566	Providing for an early retirement incentive program for employees of the Massachusetts Port Authority	No further action taken	Similar To
H4107	To Establish an Early Retirement Incentive Program for Barnstable County	Signed by the Governor, Chapter 330 of the Acts of 2018	Similar To
H631	Relative to the creation of the battlefield to STEM field incentive program	No further action taken	Similar To
S1636	Relative to a job creation tax credit	Accompanied a study order, see S2497	Similar To
S1880	Creating 21st Century Massachusetts Clean Energy Jobs	Accompanied a study order, see S2498	Similar To
S2497	Order relative to authorizing the joint committee on Revenue to make an investigation and study of certain current Senate documents relative to revenue matters	Reported (in part) by S1507	Replaced by
S676	Expanding the community college training incentive program	New draft substituted, see S2297	Similar To

Bill > S1660

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (2)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary