Massachusetts 2023-2024 Regular Session

Massachusetts Senate Bill S1904 Compare Versions

Only one version of the bill is available at this time.
OldNewDifferences
11 1 of 1
22 SENATE DOCKET, NO. 204 FILED ON: 1/12/2023
33 SENATE . . . . . . . . . . . . . . No. 1904
44 The Commonwealth of Massachusetts
55 _________________
66 PRESENTED BY:
77 Patrick M. O'Connor
88 _________________
99 To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
1010 Court assembled:
1111 The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
1212 An Act establishing a tax credit for employment of veterans.
1313 _______________
1414 PETITION OF:
1515 NAME:DISTRICT/ADDRESS :Patrick M. O'ConnorFirst Plymouth and Norfolk 1 of 1
1616 SENATE DOCKET, NO. 204 FILED ON: 1/12/2023
1717 SENATE . . . . . . . . . . . . . . No. 1904
1818 By Mr. O'Connor, a petition (accompanied by bill, Senate, No. 1904) of Patrick M. O'Connor for
1919 legislation to establish a tax credit for employment of veterans. Revenue.
2020 [SIMILAR MATTER FILED IN PREVIOUS SESSION
2121 SEE SENATE, NO. 1947 OF 2021-2022.]
2222 The Commonwealth of Massachusetts
2323 _______________
2424 In the One Hundred and Ninety-Third General Court
2525 (2023-2024)
2626 _______________
2727 An Act establishing a tax credit for employment of veterans.
2828 Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
2929 of the same, as follows:
3030 1 Section 6 of Chapter 62 of the General Laws, as appearing in the 2014 Official Edition, is
3131 2hereby amended by inserting after subsection (t) the following new subsection:-
3232 3 (u) There shall be a credit for any employer based in Massachusetts who hires a veteran
3333 4upon an honorable discharge from at least 90 days of service. The credit shall be $500 per month
3434 5of employment for each newly hired full time veteran and $750 per month of employment for
3535 6each newly hired disabled veteran. The credit shall be available for the first 12 months of
3636 7employment and shall not exceed $50,000 per business in any calendar year. This section shall
3737 8expire five years from its effective date.