FOR IMMEDIATE RELEASE

CONTACT: Gabrielle A. Prutisto
House Democratic Communications Office
Phone: 717-787-7895
Fax: 717-783-6839
E-mail: gprutist@pahouse.net

State Rep. Thomas Caltagirone
D-Berks
www.pahouse.com/Caltagirone

 


 

Caltagirone introduces tax credit proposal for small-business hiring

 

HARRISBURG, April 16 – State Rep. Tom Caltagirone, D-Berks, wants to help expanding small businesses, so he has introduced legislation that would provide a state tax credit to small businesses that hire new or laid-off employees for full-time positions.

 

The credit would be available to businesses that have 50 or fewer employees to begin with if they hire new or laid-off employees during a taxable year.

 

The tax credit would be limited to the amount of the salaries paid to the full-time hires.

 

“This is a win-win situation -- small businesses across the state would be rewarded for helping our unemployed gain full-time jobs,” Caltagirone said.

 

If the legislation is enacted, the credit would be available for seven years before expiring.

  

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