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H 3359 - Allows a state tax credit for hiring an unemployed individual who is receiving benefits

Tracking Level: Of Interest
Sponsor: Christopher Hart (D)
Last Action: 1/21/2015 - House - Member(s) request name added as sponsor: M.S.McLeod
House Committee:
Assigned To:
Employment/PersonnelNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Allows a state tax credit for employers hiring an unemployed individual receiving unemployment compensation benefits.

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Session 121 - (2015-2016)Printer Friendly
(pdf format)
H 3359 General Bill, By Hart and M.S. McLeod
Similar (S 0322)
Summary: South Carolina Workforce Participation Incentives Act
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-6-3760 SO AS TO ALLOW A STATE TAX CREDIT FOR EMPLOYERS HIRING AN UNEMPLOYED INDIVIDUAL RECEIVING UNEMPLOYMENT COMPENSATION BENEFITS, TO PROVIDE THE AMOUNT OF THE CREDIT, THOSE TAXES AGAINST WHICH THE CREDIT IS ALLOWED, AND THE ELIGIBILITY REQUIREMENTS FOR CREDITABLE EMPLOYEES, TO PROVIDE FOR THE ADMINISTRATION OF THE CREDIT, AND TO PROVIDE THAT THE CREDIT IS ALLOWED FOR ELIGIBLE INDIVIDUALS HIRED AFTER JUNE 30, 2015, AND BEFORE JULY 1, 2016, AND EXTENDS FOR FIFTY MONTHS FOR EACH CREDITABLE EMPLOYEE.
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01/20/15House Introduced and read first time (House Journal-page 17)
01/20/15House Referred to Committee on Ways and Means (House Journal-page 17)
01/21/15House Member(s) request name added as sponsor: M.S.McLeod



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