HB365 Alabama 2013 Session

Summary

Primary Sponsor

Phil Williams

Republican

Session

Regular Session 2013

Title

Taxation, tax credit for taxpayer who employs certain students enrolled at least two years or a graduate of an accredited school of engineering

Description

Under existing law, an income tax credit is not provided for hiring college students or graduates of an accredited school of engineering in the state.

This bill would provide an income tax credit for a business which employs a student worker who is enrolled for at least two years in or is a graduate of an accredited school of engineering in the state and who retains the student worker or graduate as an employee for at least 3 months and up to 12 months.

This bill would provide that a business would not be eligible for the tax credit if the student worker or graduate is a spouse, a dependent, an adult child and his or her spouse, a parent, a spouse's parent, or a sibling and his or her spouse of the taxpayer or the person responsible for hiring an employee for the taxpayer.

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Subjects

Taxation