Amendment ID: S2325-21

Amendment 21

Veterans Employment Opportunity Tax Credit

Mr. Ross moves to amend the amendment by inserting, after section __, the following new section:-

SECTION __. Section 6 of chapter 62 of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by inserting after subsection (s) the following new subsection:-

(t) 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 on July 1, 2021.”