HB365 Alabama 2013 Session

Sponsors

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

<p class="bill_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</p><p class="bill_description"> 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</p><p class="bill_description"> 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</p><p class="bill_entitled_an_act"> Relating to tax credit; to 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 months and up to 12 months; and provide a taxpayer would not 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 business or the person responsible for hiring an employee for the taxpayer. </p>

Subjects

Taxation