BILL · 2023–24 SESSION

HB 1005: Military/employer tax incen.

Concerning employer tax incentives for the support of veterans and military families.

Summary

  • Extends the public utility tax (PUT) and business and occupation (B&O) tax credits for hiring veterans to July 1, 2034.
  • Increases the maximum PUT and B&O tax credit an employer may claim for hiring a qualified employee to $3,000 per employee.
  • Increases the maximum total credit to $5 million per year for each of the PUT and B&O tax credits.
  • Expands eligibility for the PUT and B&O tax credits by removing the unemployment requirement for veterans and including the spouse of a veteran or an active-duty military member as a qualified employee.

From the House Bill Report (HB 1005), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedJan 9, 2023
  2. Out of committeeFeb 17, 2023
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Peter Abbarno (R-20)
Introduced
January 9, 2023 in the House
Last action
January 8, 2024
Budget
Has a fiscal note

AN ACT Relating to employer tax incentives for the support of veterans and military families;

Sponsors

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status.
  2. Referred to Rules 2 Consideration.
  3. Rules Committee relieved of further consideration. Placed on second reading.
  4. Referred to Rules 2 Review.
  5. FIN - Majority; do pass.
  6. FIN - Executive action taken by committee.
  7. First reading, referred to Finance.
  8. Prefiled for introduction.

HB 1005 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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