Introduced Senate Bill (S)

Authored by

DIGEST

Income tax credit for hiring returning veterans. Provides a tax credit against state tax liability each taxable year to an employer who hires an eligible returning veteran. Specifies that the amount of the credit is $1,000 for each eligible returning veteran the employer hires who works 2,000 hours during the taxable year. Prorates the employer's credit if the employee works less than 2,000 hours during the taxable year. Income tax credit for hiring returning veterans. Provides a tax credit against state tax liability each taxable year to an employer who hires an eligible returning veteran. Specifies that the amount of the credit is $1,000 for each eligible returning veteran the employer hires who works 2,000 hours during the taxable year. Prorates the employer's credit if the employee works less than 2,000 hours during the taxable year.