BILL NUMBER: S4382
SPONSOR: BAILEY
 
TITLE OF BILL:
An act to amend the tax law, in relation to a credit for employment of
persons on probation or parole
 
PURPOSE:
To provide for a tax credit for the employer of persons on probation or
parole.
 
SUMMARY OF PROVISIONS:
The bill grants a tax credit to an employer who hires someone convicted
of any felony within the United States who is on probation or parole and
has worked full-time for the employer for at least one hundred eighty
days or four hundred hours. The bill sets the amount of the credit for
hiring these "qualified employees." The bill amends various provisions
of the tax law to effectuate this purpose.
 
JUSTIFICATION:
Employment leads to lower recidivism rates. However, a person with a
criminal record is often less attractive to employers. This bill seeks
to address this issue by providing employers an incentive to hire some-
one on parole or probation. In addition to reducing recidivism rates,
securing employment for people on probation or parole will reduce demand
for public assistance.
 
LEGISLATIVE HISTORY:
2019-20: Referred to Budget and Revenue
2021-22: Referred to Budget and Revenue
2023-24: Referred to Budget and Revenue
 
FISCAL IMPLICATIONS:
None.
 
EFFECTIVE DATE:
This act shall take effect immediately and will apply to taxable years
beginning on or after January 1, 2025.

Statutes affected:
S4382: 210-B tax law, 606 tax law, 606(i) tax law, 1511 tax law