HB2: Income Tax – Work Opportunity Tax Credit
Legislative Summary
Allowing employers that claim the federal work opportunity credit to claim a credit against the State income tax for certain wages paid to individuals with barriers to employment; allowing certain tax-exempt organizations to claim the credit under certain circumstances; altering the calculation of a certain subtraction modification for certain salary and wages paid to certain individuals; requiring the Department of Legislative Services to prepare a tax credit evaluation of the credit on or before December 31, 2028; etc.
Demographic Impact
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Bill History
Amendments
Favorable with Amendments 343221/1 Adopted
Favorable with Amendments 343221/1 Adopted
Roll Call Votes
Status Information
Sponsors
Primary Sponsor
