Enacts new GS 105-129.16K, allowing a $2,000 credit for a taxpayer that hires and retains a qualified employee for at least one year. Defines a qualified employee as an individual who has received the maximum regular benefits allowable during the benefit year who has not been employed since the time of receiving unemployment benefits. Requires the taxpayer to satisfy the wage and health insurance standards in GS 105-129.83 to be eligible for the credit. Repealed for taxable years beginning on or after January 1, 2016. Effective for taxable years beginning on or after January 1, 2013.
HIRE LONG-TERM UNEMPLOYED WORKERS INCENTIVE.
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View NCGA Bill Details | 2013-2014 Session |
A BILL TO BE ENTITLED AN ACT TO PROVIDE AN INCENTIVE FOR LONG-TERM UNEMPLOYMENT HIRES.Intro. by McLaurin, Stein.
Status: Ref To Com On Finance (Senate Action) (Mar 11 2013)
Bill History:
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Thu, 7 Mar 2013 Senate: Filed
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Mon, 11 Mar 2013 Senate: Passed 1st Reading
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Mon, 11 Mar 2013 Senate: Ref To Com On Finance
S 242
Bill Summaries:
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Bill S 242 (2013-2014)Summary date: Mar 7 2013 - View Summary
View: All Summaries for Bill