MO HB1805

Employers receive a $2,400 income tax credit for each employee hired on or after August 28, 2010, who was unemployed for 60+ days, remains employed for 24 consecutive months, earns at least minimum wage, and provides a notarized affidavit of work eligibility.

Employers receive a $500 credit against unemployment insurance contributions for each creditable employee hired on or after August 28, 2010, who received unemployment benefits for 60+ days, remains employed for at least 6 months, and does not receive benefits while employed.

Employers must use the federal E-Verify employment verification system and provide a notarized affidavit attesting to its use to qualify for the income tax credit.

Filing fees required by the Secretary of State under chapters 347, 351, and 359 are waived from July 1, 2010, through June 30, 2012.

The act includes an emergency clause making it effective immediately upon passage and approval.