HB3268 authorizes a tax credit for employers providing services to homeless persons.

HB3268 establishes a tax credit for eligible taxpayers who provide employment services, employment, or housing to homeless persons. Eligible taxpayers must be certified by the Department of Economic Development as qualified providers. The credit is limited to $10,000 per tax year and cannot be carried forward. The program will sunset on December 31, 2032, unless reauthorized. The total annual tax credit is capped at $1 million.

HB3268 authorizes a tax credit for employers providing services to homeless persons.

HB3268 establishes a tax credit for eligible taxpayers who provide employment services, employment, or housing to homeless persons. Eligible taxpayers must be certified by the Department of Economic Development as qualified providers. The credit is limited to $10,000 per tax year and cannot be carried forward. The program will sunset on December 31, 2032, unless reauthorized. The total annual tax credit is capped at $1 million.