AB 437

This bill creates an income and franchise tax credit for hiring unemployed

veterans. Under the bill, a taxpayer may claim the following amounts as credits:

1. For each disabled veteran the taxpayer hires in the taxable year to work a

full-time job in this state, $4,000 in the taxable year in which the disabled veteran

is hired and $2,000 in each of the three taxable years following the taxable year in

which the disabled veteran is hired.

2. For each disabled veteran the taxpayer hires in the taxable year to work a

part-time job in this state, $2,000 in the taxable year in which the disabled veteran

is hired and $1,000 in each of the three taxable years following the taxable year in

which the disabled veteran is hired.