Massachusetts House Bill H2811

Massachusetts 2023-2024 Regular Session

• Introduced: 2/16/23
• Refer: 2/16/23

Caption

To establish the micro business employee training and workforce development program

Impact

The implications of H2811 extend beyond immediate job creation. By providing financial incentives to hire individuals who have historically faced barriers to employment, the bill seeks to reduce recidivism and foster a smoother reintegration process for these individuals. Additionally, it aims to bolster micro businesses, which are crucial for local economies but often lack the resources to invest in new hires. Furthermore, the resources allocated to the micro business worker development and training program signify a commitment to enhancing workforce skills and improving job readiness among disadvantaged populations.

Summary

House Bill 2811 aims to establish a tax incentive program specifically designed for micro businesses in Massachusetts to encourage them to hire formerly incarcerated individuals and those receiving transitional assistance. The bill outlines that employers who qualify can receive a tax credit of $2,000 for each qualified individual they hire. This incentive is intended to provide financial support to small businesses while also addressing the challenges faced by individuals reintegrating into society after incarceration. The bill defines a qualified employer as one with no more than 10 employees and gross profits not exceeding $250,000 in the previous taxable year.

Contention

There are potential points of contention regarding the bill related to its effectiveness and the sustainability of the proposed tax incentives. Critics may argue that tax credits could lead to dependency on government support or question whether such measures would sufficiently address the underlying systemic issues that hinder employment for formerly incarcerated individuals. Moreover, discussions about the qualifications set for eligible businesses might also arise, as there may be concerns about whether these criteria adequately support a diverse range of micro businesses across different sectors.