CT SB00020

Establishes a "Second Chance Employee Tax Credit" of $900 per month for each qualifying employee who was incarcerated within 24 months of hiring or is receiving reentry services from the Department of Correction, American Job Center, or federal reintegration programs

Hiring window runs from October 1, 2020 through October 1, 2022, with credits claimable in the year earned plus the two following income years

Minimum new job creation requirements vary by employer size: 3 jobs for businesses with fewer than 50 employees, 5 jobs for 51-200 employees, and 10 jobs for employers with more than 200 employees

Full-time job defined as at least 32 hours per week for 48 weeks annually; temporary and seasonal positions excluded

Total credits capped at $3 million per fiscal year statewide, administered by the Commissioner of Economic and Community Development with 30-day application review timeline