Amendment #41 to H4000

Tax Credit for Hiring Individuals Collecting Unemployment Benefits

Representatives Jones of North Reading, Peterson of Grafton, Hill of Ipswich, Poirier of North Attleborough and deMacedo of Plymouth move to amend the bill by inserting at the end thereof the following new section: --

“SECTION XX. Section 6 of chapter 62 of the General Laws, as so appearing in the 2012 Official Edition, is hereby amended by inserting after subsection (r) the following new subsection:-

(s) There shall be a credit for any employer based in Massachusetts who hires individuals who have been collecting unemployment benefits in Massachusetts for at least two weeks. The credit shall be $500 for each newly hired full time employee hired in the first three quarters of that fiscal year, not to exceed $25,000 per business in any calendar year. This section shall expire on July 1, 2019.”.