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.
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