NY S02076

Establishes a tax credit for employers who hire individuals who have graduated from drug court or completed a judicial diversion program under Criminal Procedure Law Article 216.

Credit equals $3,000 per hired individual for the first year of employment, plus an additional $1,000 if the individual remains employed for a second consecutive year.

Employees must work at least 35 hours per week and remain employed for a minimum of 12 months to qualify for the credit.

Unused tax credits that exceed the taxpayer's tax liability may be treated as an overpayment and refunded without interest.

Effective immediately and applies to taxable years beginning January 1, 2019 and to employees hired after the act takes effect.