Tennessee Title Code 67

Tennessee

A job tax credit of five thousand dollars ($5,000) for each net new full-time employee job, and two thousand dollars ($2,000) for each net new part-time employee job, for a person with disabilities who is receiving state services directly related to such disabilities, shall be allowed against a taxpayer's franchise and excise liability tax for that year; provided, that: 
          (A)  The employment of such individual creates a net increase in the number of persons with disabilities employed by the taxpayer within the ninety-day period immediately preceding the employment; 
          (B)  The taxpayer provides such employment for at least twelve (12) consecutive months and for no less than the minimal hours per week; and for employees enrolled in the minimal health care benefits described in subdivision (g)(1), for respective full-time employment jobs and part-time employment jobs; 
 
State Policies & Initiatives: 
Legislation
Systems: 
  • Department of Intellectual and Developmental Disabilities
Topics: 
  • Employer Engagement
CITATIONS: