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GA HB828
Bill
Status
Engrossed
2/29/2016
Primary Sponsor
Virgil Fludd
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AI Summary
- Creates a Georgia state income tax credit of $2,500 per qualified parolee hired into a full-time job, available for taxable years beginning January 1, 2017, through January 1, 2020
- Defines "qualified parolee" as an individual granted parole within 12 months preceding their date of hire; the parolee must be employed for at least 40 weeks during a 12-month period to trigger the credit
- Caps the credit at $50,000 per employer per taxable year and limits employers to claiming the credit only once per individual parolee
- Requires employers to be registered with E-Verify and defines full-time employment as 30+ hours per week, located in Georgia, with no predetermined end date, paying at or above the lowest county average hourly wage in the state
- Requires the commissioner to report annually by September 1 of 2018, 2019, and 2020 to the Senate Finance Committee and House Ways and Means Committee on the total number of employers claiming the credit and the number and value of credits earned and applied
Legislative Description
Income tax credit; employers who hire certain qualified parolees for full-time jobs; create
Last Action
Senate Read and Referred
3/2/2016
Full Bill Text
No bill text available