SPONSOR: Roberts (77)
This bill provides that for all tax years beginning on or after January 1, 2021, a taxpayer shall be allowed a deduction of $5,000 for each full-time employee who has been convicted of or pleaded guilty to a felony and remains in a full-time position on the taxpayer's payroll for at least six consecutive months.
The total amount of a tax deduction claimed by a taxpayer under this bill must not exceed $100,000 in any given tax year.
The Department of Revenue will establish rules to implement the provisions of this section.
This bill is similar to HB 298 (2019).
Statutes affected: