HB 1957 -- Income Tax:  Credit for Educational Leave

Co-Sponsors:  Fraser, Fitzwater, Hagen-Harrell, Tudor, Black,
Gaw, Skaggs, Merideth

This bill authorizes employers an income tax credit for paid
leave granted to employees to volunteer at a public school
sponsored function with an educational purpose.  The employee
must be attending a function of their biological, adopted, step
or foster child or of a child for whom the employee is the legal
guardian.

The income tax credit for the employer will be equal to 50% of
the amount of federal minimum wage for each hour of paid leave
granted to an employee.  The tax credit is refundable and the
maximum statewide credits authorized cannot exceed $5 million.

The employer must submit an application for the tax credit with
the Department of Labor and Industrial Relations and obtain a
certificate of tax credit prior to applying the credit to tax
liability.  The department will issue the tax credits in the
order they are received.