Relating to a tax credit for workforce expansion; prescribing an effective date.
Catchline/Summary:
Creates income tax credit for taxpayers that expand workforce with positions that pay above average wage by 10 percent or more in tax year. Creates income tax credit for taxpayers that expand workforce with positions that pay above average wage by 10 percent or more in tax year.
Applies to tax years beginning on or after January 1, 2016.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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SB 746 Senate Committee On Workforce
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