Mass General Laws Chapter 62 section 6 is hereby amended by adding at the end the following paragraph:-

(aa)(1) A credit shall be allowed against all taxes paid by an employer for not more than 30 percent of eligible expenses for the purpose of employee recruitment and retention.

(2) Eligible expenses for said credit shall include expenditures made on behalf of, or reimbursement made to, an eligible employee, for education or skills training, transportation, housing, tools, or equipment.

(3) The total amount of the credit shall not exceed fifty million dollars, provided that no single employer may claim the credit for expenses related to more than 3 employees.

(4) In claiming the credit, an employer shall certify that an employee has, or will, remain employed in their current position for not less than twenty-four months, provided that if such employee is not so employed the employer shall forfeit the credit and reimburse the commonwealth for the amount of any credit attributable to that employee.

(5) The provisions of this section shall expire five years following their adoption, unless otherwise terminated, modified, or extended.