Loading chat...
MA S2076
Bill
AI Summary
- Creates a tax credit of up to 30% of eligible expenses employers incur for employee recruitment and retention purposes
- Eligible expenses include education, skills training, transportation, housing, tools, and equipment costs paid on behalf of or reimbursed to employees
- Total program capped at $50 million, with individual employers limited to claiming credits for no more than 3 employees
- Employers must certify that employees will remain in their position for at least 24 months; if the employee leaves earlier, the employer forfeits the credit and must reimburse the commonwealth
- Provisions expire 5 years after adoption unless modified or extended
Legislative Description
Relative to employee recruitment and retention
Last Action
Hearing scheduled for 10/28/2025 from 01:00 PM-05:00 PM in B-2
10/21/2025
Committee Referrals
Revenue2/27/2025
Full Bill Text
No bill text available