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AR HB1719

Bill

Status

Failed

10/15/2021

Primary Sponsor

Robin Lundstrum

Click for details

Origin

House of Representatives

93rd General Assembly (2021 Regular)

AI Summary

HB1719 Summary

  • Creates the Reboot Pilot Program to provide income tax credits to businesses that hire qualifying former offenders released from incarceration within 12 months of employment.

  • Defines "qualifying former offender" as an individual convicted and incarcerated for a state or federal felony who was released from their first term within 12 months before hiring.

  • Establishes tiered tax credits: $3,000 for 12 consecutive months of employment, $2,000 for 24 consecutive months, and $1,000 for 36 consecutive months, with excess credits refunded to taxpayers.

  • Requires taxpayers to register with Division of Workforce Services, enroll qualifying employees in health insurance after 24 months, conduct random drug testing, and certify employment hours and wages to the Department of Finance and Administration.

  • Limits program enrollment to a maximum of 1,000 former inmates registered at any given time; effective for tax years beginning January 1, 2022.

Legislative Description

To Create The Reboot Pilot Program; And To Create An Income Tax Credit For Businesses That Hire Certain Former Offenders.

Last Action

Died in Senate Committee at Sine Die adjournment.

10/15/2021

Committee Referrals

Revenue & Taxation4/19/2021
Revenue and Taxation3/11/2021

Full Bill Text

No bill text available