Introduced Senate Bill (S)

Authored by

DIGEST

Veterans. Establishes the office of transition recruiting under the lieutenant governor to recruit active military service personnel during the final six months of their military service to live and work in Indiana at the conclusion of their military service. Establishes the transition recruiting fund to provide grants to counties, cities, and towns that seek to welcome and support recently discharged military service personnel to their communities with various types of financial assistance. Provides for a tax credit against a qualified veteran's adjusted gross income tax liability each taxable year to a qualified veteran who rents a dwelling as a principal Veterans. Establishes the office of transition recruiting under the lieutenant governor to recruit active military service personnel during the final six months of their military service to live and work in Indiana at the conclusion of their military service. Establishes the transition recruiting fund to provide grants to counties, cities, and towns that seek to welcome and support recently discharged military service personnel to their communities with various types of financial assistance. Provides for a tax credit against a qualified veteran's adjusted gross income tax liability each taxable year to a qualified veteran who rents a dwelling as a principal place of residence equal to 10% of the rent paid by the qualified veteran during the taxable year. Provides for a tax credit known as the Indiana work opportunity tax credit against an employer's state tax liability for the employment of certain veterans during a taxable year equal to 25% of the employer's federal work opportunity tax credit for the employment of those veterans during the taxable year. ... View more