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Governor Jerry Brown’s May-budget revision proposal to “reform” California’s Enterprise Zone program has sailed through legislative committees in both CA chambers. Although dubbed a reform, the legislation would effectively dismantle the enterprise zone hiring credit program (see previous posts here and here). (more…)
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As reported by Taylor Dobbs at VTDigger.com, Vermont Governor Peter Shumlin signed the Veterans Tax Credit act today at Camp Johnson.
The new legislation will give employers a $2,000 tax incentive to hire soldiers who have returned from deployments in Afghanistan or Iraq in the last two years. In order to qualify for the tax credit, businesses must employ veterans between now and the end of 2011. Veterans who start new companies this year can also apply for the benefit.
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Tenessee Governor Bill Haslam’s proposals for various tax incentives were passed by the State legislature on Saturday. Reported by Tom Humphrey at www.knoxnews.com (more…)
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