HB 1888 -- Tax Credits for Employing Veterans

Sponsor:  Jackson

This bill authorizes a tax credit for hiring a veteran of the
Global War on Terrorism 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 veteran must have been
deployed abroad after September 11, 2001, and received an
honorable discharge.  The tax credit will be equal to 50% of the
wages paid to the veteran and 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 9:45 am