Legislation To Get People Back To Work
State Representative Gong-Gershowitz has filed the RISE Act. This legislation will get people back to work and support small businesses. The RISE Act (House Bill 0801) creates a tax incentive for businesses that retrain and hire employees who have lost their jobs or businesses because of the pandemic.
Businesses with under 500 employees will receive a $2,500.00 tax credit for retraining and hiring a new employee. Businesses with under 100 employees will receive a $5,000.00 tax credit. An additional tax incentive of $500.00 will be provided if the business is in a disproportionately impacted area (DIA) or if the person being hired resides in a DIA.
Getting people back to work will replace unemployment payments with tax revenue. It will support small businesses and stimulate the economy. Most importantly, this will get people back to work.
Please take action below to contact your legislators and ask them to sponsor the RISE Act! It only takes a moment!
KOREY RICHARDSON
Korey Richardson LLP is a full-service law firm with a particular focus on representing businesses in commercial litigation disputes. Our goal is to provide aggressive representation for our clients at the lowest possible cost. We also strive to counsel our clients through the litigation process to help to remove as much anxiety and uncertainty as…
LEXITAS
For legal professionals who have critical and immediate needs for expert, local and national court reporting, record retrieval, registered agent, and legal talent outsourcing services, Lexitas is a strategic legal support partner that furnishes our clients with best-of-breed services, inspires confidence, provides convenience and delivers value. Expert Court Reporting LegalView Remote Depositions Record Retrieval for…
NEW PATH BUSINESS ADVISORS
For over 20 years, the leadership of New Path Business Advisors has helped hundreds of organizations and thousands of individuals identify and overcome roadblocks to financial, professional, and personal success. The foundation of success resides in your ability to define and live by your Core Values. We help you develop lead generation, sales, and growth…
