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NC H924
Bill
Status
Introduced
5/4/2011
Primary Sponsor
Mary Harrison
Click for details
AI Summary
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Increases tax credit for businesses that hire veterans by $1,000 per job filled by a veteran of the Armed Forces of the United States.
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Allows an additional $3,000 credit per job when a position in an urban progress zone or agrarian growth zone is filled by a veteran, resident of that zone, or long-term unemployed worker.
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Specifies that only one additional credit amount applies per job; if multiple conditions are met, the higher amount is used rather than combining amounts.
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Effective for taxable years beginning on or after January 1, 2011.
Legislative Description
Art. 3J Tax Credit for Hiring Veterans
Last Action
Ref to the Com on Homeland Security, Military, and Veterans Affairs, if favorable, Finance
5/5/2011
Committee Referrals
Homeland Security, Military, and Veterans Affairs5/5/2011
Full Bill Text
No bill text available