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MS HB1605

Bill

Status

Failed

2/25/2015

Primary Sponsor

Jeffrey Smith

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Allows employers a tax credit equal to 50% of costs paid for qualified wellness programs, with annual credit capped at $20,000 per employer or a tiered calculation based on eligible employees (whichever is less).

  • Limits total aggregate tax credits awarded statewide to $1,000,000 per calendar year.

  • Requires qualified wellness programs to include at least three of four components: health awareness, employee engagement, behavioral change, or supportive environment initiatives.

  • Designates the State Department of Health/Office of Preventative Health to certify employer eligibility annually and gives special consideration to programs addressing congestive heart failure, cancer, hypertension, diabetes, prenatal care, asthma, and addictions.

  • Appropriates $30,000 annually to the Department of Health for program administration and repeals the credit provision on January 1, 2018.

Legislative Description

Income tax; authorize a credit for employers who pay the cost of a qualified wellness program.

Last Action

Died In Committee

2/25/2015

Committee Referrals

Ways and Means2/18/2015

Full Bill Text

No bill text available