SENATE DOCKET, NO. 204 FILED ON: 1/12/2023
SENATE . . . . . . . . . . . . . . No. 1904
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The Commonwealth of Massachusetts
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PRESENTED BY:
Patrick M. O'Connor
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act establishing a tax credit for employment of veterans.
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PETITION OF:
Name: | District/Address: |
Patrick M. O'Connor | First Plymouth and Norfolk |
SENATE DOCKET, NO. 204 FILED ON: 1/12/2023
SENATE . . . . . . . . . . . . . . No. 1904
By Mr. O'Connor, a petition (accompanied by bill, Senate, No. 1904) of Patrick M. O'Connor for legislation to establish a tax credit for employment of veterans. Revenue. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 1947 OF 2021-2022.]
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act establishing a tax credit for employment of veterans.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Section 6 of Chapter 62 of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by inserting after subsection (t) the following new subsection:-
(u) There shall be a credit for any employer based in Massachusetts who hires a veteran upon an honorable discharge from at least 90 days of service. The credit shall be $500 per month of employment for each newly hired full time veteran and $750 per month of employment for each newly hired disabled veteran. The credit shall be available for the first 12 months of employment and shall not exceed $50,000 per business in any calendar year. This section shall expire five years from its effective date.