Posted: | June 18, 2013 11:59 AM |
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From: | Representative Eli Evankovich |
To: | All House members |
Subject: | Welfare To Work Tax Credit |
In the near future, I plan to introduce legislation offering an innovative incentive to employers who hire individuals receiving welfare benefits. My legislation will amend the Tax Reform Code of 1971 re-authorizing the Employment Incentive Payment program as a tax credit program for eligible companies. My legislation offers a tax credit to businesses who hire individuals who meet any of the following conditions:
An additional credit will be available to those companies choosing to cover these employees’ child care or transportation expenses. I believe that this tax credit represents a win-win situation that will help serve to get those on public assistance into gainful employment while at the same time save the taxpayers money on day one because of the built in savings associated with the tax credit. Thank you for your consideration. |
Introduced as HB1682