Amendment ID: S1925-15
Amendment 15
Small Business Tax Credit
Ms. Donoghue moves to amend the bill by adding the following section:-
Section XX. Chapter 151 of the General Laws is hereby amended by inserting after section 22 the following new section:-
“Section 23. In the case of any business or organization employing fewer than fifty persons, said business or organization shall receive an annual tax credit of $1,000.00 for each full time employee earning not less than the minimum wage, as defined by this chapter, and who has been an employee for at least 6 months with said business or organization.”