SB 95: AN ACT ESTABLISHING A CREDIT AGAINST THE PERSONAL INCOME TAX FOR CERTAIN EMPLOYEES OF DEFENSE CONTRACTORS AND OF DIRECT SUPPLIERS AND SUBCONTRACTORS OF DEFENSE CONTRACTORS.
Topics
✓ Budget & TaxesSupports Budget & TaxesProvides $500 tax credit for defense workers under income limits, reducing state tax burden for lower-to-moderate earners per bill summary.
✓ Labor & EmploymentSupports Labor & EmploymentProvides $500 tax credit to defense workers earning under $125k/$250k, increasing disposable income for qualifying employees in labor-intensive industry.
Sponsors
Joe Gresko
(D)
,
Aundré Bumgardner
(D)
,
Ben McGorty
(R)
,
Saud Anwar
(D)
,
Nicole Klarides-Ditria
(R)
+9 more