Employers Who Hire Homeless Workers May Receive Tax Credit
Published on March 11, 2014 at 11:44AM
A limited number of tax credits would be available for employers who hire homeless people in a bill passed by the Utah House on Monday. The Deseret News says that HB140 narrowly survived the House, advancing to the Senate on a vote of 38-36. According to the bill, Utah employers who hire homeless people could be eligible for tax credits of $2,000. The employee must be continually employed for nine months for the employer to qualify, and the employers must have paid the worker at least $4,000 in wages during that period.