General Assembly

 

Proposed Bill No. 5508

 

January Session, 2017

 

LCO No. 709

 

*00709*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

REP. YACCARINO, 87th Dist.

 

AN ACT ESTABLISHING A TASK FORCE TO STUDY TAX CREDITS FOR BUSINESSES THAT PAY EMPLOYEES ABOVE THE TIPPED MINIMUM WAGE.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That a task force be established to study the feasibility of and make recommendations concerning a tax credit for businesses that choose to pay employees subject to the tipped minimum wage an amount greater than such wage.

Statement of Purpose:

To create a task force to study tax credits for businesses that pay tipped employees an amount greater than the tipped minimum wage.