Relating to employment assistance for released persons; prescribing an effective date.
Catchline/Summary:
Provides tax credit for employers who hire certain released persons who work at least 160 hours for employer. Provides tax credit for employers who hire certain released persons who work at least 160 hours for employer. Requires Department of Corrections to assist with job placement for inmates and to notify employers about availability of tax incentives for employers hiring released persons.
Applies to released persons who commence work on or after January 1, 2010, and for whom a credit is claimed for tax years beginning on or after January 1, 2010, and to persons released from Department of Corrections institutions on or after January 1, 2010.
Takes effect on 91st day following adjournment sine die.
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HB 2803 House Committee On Revenue
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