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Senate Bill 0303


 

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Senate Bill 0303

ARCHIVE (2003)

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DIGEST OF INTRODUCED BILL

Tax credit for employing displaced workers. Provides a credit against state tax liability for a taxpayer who hires an Indiana displaced worker. Provides that the credit is equal to 10% of the annual compensation due to the Indiana displaced worker. Provides that if the taxpayer does not retain the worker for at least three years, the taxpayer must pay the amount of the credit to the state.
    Current Status:
     In Committee - first House
    >Latest Printing > (PDF)