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Rep. Stevens presents state work-opportunity tax credit; first hearing only
Summary
Representative Stevens offered HB 519, a state-level work opportunity tax credit that would give employers up to $500 per qualifying hire (targeting TANF/SNAP recipients, people with records and veterans) with a $10 million annual cap; the committee held a first hearing and took no vote.
Representative Stevens presented House Bill 519 to the Income Tax Subcommittee of the Ways & Means Committee as a first hearing measure, saying the bill would create a state employer tax credit to encourage hiring people who face significant barriers to employment.
“This is a work opportunity, tax credit,” Stevens told the committee, describing the bill as modeled on existing federal programs. Stevens said the measure would provide employers a $500 tax…
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