Bill Title: Tax credit for hiring certain individuals. Provides a nonrefundable tax credit to a small business for employing an individual who is receiving unemployment benefits or returning from military service (qualified new employee). Provides that the small business must employ a greater number of full-time employees in Indiana in the taxable year than the small business employed in Indiana, on average, in the small business's base employment period (normally January 1, 2016, through June 30, 2016). Provides that the employee must be hired full time. Provides that the credit applies only to taxable years beginning in 2017 through 2019. Provides that

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2017-01-04 - First reading: referred to Committee on Tax and Fiscal Policy [SB0141 Detail]

Text: Latest bill text (Introduced) [PDF]

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