HB 1870 -- Tax Credit for Employing Disabled Workers

Sponsor:  Kratky

This bill authorizes a tax credit for hiring a disabled employee
against a company's corporate income tax; corporate franchise
tax; financial institutions tax; or bridge, express, and public
utility company tax.  Individuals are excluded from this tax
credit.  The amount of the credit is based on the disabled
employee's average hours worked per week in a taxable year.  If
the average is at least 10 hours, the credit will be $1,000 per
disabled employee; $1,500 if the average is at least 20 hours;
and $3,000 if the average is at least 40 hours.  The credit is
not refundable, cannot be carried over, or transferred.

The provisions of the bill will expire six years from the
effective date.

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:44 am