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SB 974 Amendments: No More TEA, 21 Days to Voucher

Senator Steinberg has released new amendments to SB 974:

This bill would also, for taxable years beginning on or after January 1, 2011, revise the definition of “qualified employee” by removing, as an element of eligibility as a qualified employee, residency in a targeted employment or targeted tax area. Additionally, this bill would require taxpayers to apply for, and obtain, the certification of a qualified employee within 21 days of the date of hire of the qualified employee.

The bill is currently scheduled to be heard in the Senate Rev. & Tax. Committee on May 12.

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