Sec.12-217y-2. Program purpose  


Latest version.
  • This program provides eligible business firms with a corporation business tax credit of $125 for each full calendar month that the business firm employs an individual who has received for more than nine months, and continues to receive, benefits from the temporary family assistance program. The total amount of credits awarded to all eligible business firms through the Hiring Incentive Tax Credit Program is limited to $1 million per fiscal year.

(Adopted effective October 5, 2000)