{"id":32145,"date":"2022-03-24T08:24:28","date_gmt":"2022-03-24T14:24:28","guid":{"rendered":"http:\/\/update.legislature.ne.gov\/?p=32145"},"modified":"2022-03-24T08:24:28","modified_gmt":"2022-03-24T14:24:28","slug":"income-tax-benefit-for-employers-of-felons-amended-advanced","status":"publish","type":"post","link":"https:\/\/update.legislature.ne.gov\/?p=32145","title":{"rendered":"Income tax benefit for employers of felons amended, advanced"},"content":{"rendered":"<p>Businesses that hire felons would be eligible for a state income tax credit under a bill advanced from select file March 23.<\/p>\n<figure id=\"attachment_20166\" aria-describedby=\"caption-attachment-20166\" style=\"width: 200px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"20166\" data-permalink=\"https:\/\/update.legislature.ne.gov\/?attachment_id=20166\" data-orig-file=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenWayne_inline.jpg\" data-orig-size=\"297,445\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;9.5&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;NIKON D800&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1479303554&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;82&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.008&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"senwayne_inline\" data-image-description=\"&lt;p&gt;Sen. Justin Wayne&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Sen. Justin Wayne&lt;\/p&gt;\n\" data-large-file=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenWayne_inline.jpg\" class=\"size-medium wp-image-20166\" src=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenWayne_inline-200x300.jpg\" alt=\"Sen. Justin Wayne\" width=\"200\" height=\"300\" srcset=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenWayne_inline-200x300.jpg 200w, https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenWayne_inline.jpg 297w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><figcaption id=\"caption-attachment-20166\" class=\"wp-caption-text\">Sen. Justin Wayne<\/figcaption><\/figure>\n<p>Under LB917, as introduced by Omaha Sen. Justin Wayne, a company\u2019s federal adjusted gross income or federal taxable income would have been reduced by 65 percent of the wages paid to an individual who has been convicted of a felony.<\/p>\n<p>Wayne introduced an amendment on select file, adopted 42-0, under which businesses instead would be eligible for a nonrefundable state income tax credit equal to 25 percent of the wages paid to the eligible employee.<\/p>\n<p>Wayne said businesses requested the change because they are more familiar with claiming income tax credits than deductions.<\/p>\n<p>The credit would apply to wages paid during the first 12 months of the individual\u2019s employment, and the total credit per employee could not exceed $20,000.<\/p>\n<p>The state Department of Revenue could approve up to $5 million in credits each year beginning in tax year 2023.<\/p>\n<p>Senators advanced LB917 to final reading by voice vote.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Businesses that hire felons would be eligible for a state income tax credit under a bill advanced from select file March 23.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[17],"tags":[191],"class_list":["post-32145","post","type-post","status-publish","format-standard","hentry","category-revenue","tag-sen-justin-wayne"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/32145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32145"}],"version-history":[{"count":4,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/32145\/revisions"}],"predecessor-version":[{"id":32148,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/32145\/revisions\/32148"}],"wp:attachment":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}