Legislation

Allowing certain employers to claim a credit against the State income tax in a certain amount for certain wages paid to certain individuals with barriers to employment; providing that the credit may not exceed 100% of the Federal Work Opportunity Credit claimed by an employer on the employer's federal income tax return, or the State income tax imposed for that taxable year, and may not be carried over to any other taxable year; and applying the Act to taxable years beginning after December 31, 2020.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2021

History

Legislation History
Chamber Senate Calendar Date 2/09/2021 Legislative Date 2/09/2021 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Work Opportunity Tax Credit Proceedings
Chamber Senate Calendar Date 2/11/2021 Legislative Date 2/11/2021 Action Hearing 3/03 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/09/2021	2/09/2021	First Reading Budget and Taxation
			Text - First - Income Tax - Work Opportunity Tax Credit
Senate	2/11/2021	2/11/2021	Hearing 3/03 at 1:00 p.m.

File Code

Subjects

Statutes