Senate Passes Bill To Boost Jobs For Veterans

OLYMPIA (AP) — The Senate has passed a bill that would give Washington state business owners a tax break for hiring unemployed military veterans.

Senate Bill 6049 passed unanimously Tuesday. Under the measure, business and occupation tax credits would be provided to businesses that provide full-time jobs to qualified military veterans who have been unemployed for at least 30 days.

The tax credit would be equal to 20 percent of the wages and benefits paid up to $1,500, according to the bill. The measure would go into effect on Oct. 1, 2016.

Sen. Steve O’Ban, R-Tacoma, said the bill is needed because there’s a higher unemployment rate for veterans than for the general population.

The bill will head next to the House for consideration.

 

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Seattle

DOWNLOAD IT NOW!
Watch Danny Bonaduce On DANNY TV

Listen Live