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House approves tax credit to encourage hiring people with disabilities
Summary
House Bill 60 would offer employers a state tax credit for hiring certain people with disabilities, with limits ($3,000 per person per year, two-year duration). The House passed the bill and referred it to the Senate.
Representative Hayman introduced House Bill 60 to create a state tax credit intended to move people from day-training programs into the open labor market. The credit is available to employers who hire qualifying individuals who work at least 180 days and receive at least minimum wage; the credit equals 10% of wages for the first 180 days and 20% for the remaining days, capped at $3,000 per person per year and available for up to two years.
Floor discussion focused on the program’s mechanics and fiscal implications. Representative Hammond explained that the measure could free up approximately 100 day-training positions and had the potential economic benefit of increasing employment while acknowledging potential revenue reductions due to the credits; he urged members to question fiscal notes carefully.
Representative Hayman gave final remarks urging support, and the House voted to pass HB60 with a recorded 69 affirmative votes and no negative votes. The bill was referred to the Senate for further consideration.
