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Pilot tax credit to encourage hiring former inmates fails in committee after tight vote
Arkansas Senate Committee on Revenue & Tax · April 21, 2021
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Summary
A proposed pilot (HB 1719) offering graduated tax credits to businesses that hire former inmates failed in committee after debate about timing and priorities; DFA estimated $0 FY22 impact and roughly $2.6 million in credits in FY23 under a 1,000-participant cap.
The committee considered House Bill 1719, a pilot program that would award businesses tax credits for hiring formerly incarcerated individuals. Representative Robin Lundstrom (joined by Brianne Davis) presented the measure, which would cap participation at 1,000 people and provide a $3,000…
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