Bill Text: TX HB3507 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to providing a sales and use tax refund or franchise tax credit for businesses that employ former offenders.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-03-18 - Referred to Ways & Means [HB3507 Detail]
Download: Texas-2015-HB3507-Introduced.html
84R9025 GRM-D | ||
By: Guillen | H.B. No. 3507 |
|
||
|
||
relating to providing a sales and use tax refund or franchise tax | ||
credit for businesses that employ former offenders. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter I, Chapter 151, Tax Code, is amended | ||
by adding Section 151.4292 to read as follows: | ||
Sec. 151.4292. TAX REFUND FOR EMPLOYERS WHO HIRE FORMER | ||
OFFENDERS. (a) In this section, "former offender" means a person | ||
who: | ||
(1) received a sentence that included imprisonment; | ||
and | ||
(2) was subsequently released from the imprisonment, | ||
including a release on parole or to mandatory supervision and a | ||
release following discharge of the defendant's sentence. | ||
(b) Except as provided by Subsection (c), a person is | ||
eligible for a refund of 15 percent of the taxes paid under this | ||
chapter during a reporting period if the person employs at least one | ||
former offender in a full-time employment position located or based | ||
in this state during that entire reporting period. | ||
(c) A person is not eligible for a refund under this section | ||
during a reporting period if the person will, as a taxable entity as | ||
defined by Section 171.0002 or as a member of a combined group that | ||
is a taxable entity, claim a credit under Subchapter P, Chapter 171, | ||
on a franchise tax report covering that reporting period. | ||
(d) A person must apply to the comptroller to receive a | ||
refund under this section. | ||
SECTION 2. Chapter 171, Tax Code, is amended by adding | ||
Subchapter P to read as follows: | ||
SUBCHAPTER P. TAX CREDIT FOR EMPLOYERS WHO HIRE FORMER OFFENDERS | ||
Sec. 171.801. DEFINITIONS. In this subchapter, "former | ||
offender" means a person who: | ||
(1) received a sentence that included imprisonment; | ||
and | ||
(2) was subsequently released from the imprisonment, | ||
including a release on parole or to mandatory supervision and a | ||
release following discharge of the defendant's sentence. | ||
Sec. 171.802. ENTITLEMENT TO CREDIT. A taxable entity is | ||
entitled to a credit in the amount and under the conditions provided | ||
by this subchapter against the tax imposed under this chapter. | ||
Sec. 171.803. QUALIFICATION. A taxable entity qualifies | ||
for a credit under this subchapter if the taxable entity employs at | ||
least one former offender in a full-time employment position | ||
located or based in this state during the entire period on which the | ||
report is based. | ||
Sec. 171.804. INELIGIBILITY FOR CREDIT FOR CERTAIN PERIODS. | ||
A taxable entity is not eligible for a credit on a report if the | ||
taxable entity, or a member of the combined group if the taxable | ||
entity is a combined group, received an exemption under Section | ||
151.4292 during the period on which the report is based. | ||
Sec. 171.805. AMOUNT; LIMITATIONS. The amount of the | ||
credit under this subchapter is equal to 15 percent of the amount of | ||
franchise tax due for the report after the application of any other | ||
applicable tax credits. | ||
Sec. 171.806. APPLICATION FOR CREDIT. (a) A taxable entity | ||
must apply for a credit under this subchapter on or with the tax | ||
report for the period for which the credit is claimed. | ||
(b) The comptroller shall promulgate a form for the | ||
application for the credit. A taxable entity must use the form in | ||
applying for the credit. | ||
Sec. 171.807. PERIOD FOR WHICH CREDIT MAY BE CLAIMED. A | ||
taxable entity may claim a credit under this subchapter against the | ||
tax owed for a privilege period only in connection with the | ||
employment of a former offender during that period. | ||
SECTION 3. Subchapter P, Chapter 171, Tax Code, as added by | ||
this Act, applies only to a report originally due on or after the | ||
effective date of this Act. | ||
SECTION 4. This Act takes effect January 1, 2016. |