House of Representatives
State of Utah
February 25, 2014
Madam Speaker:
The Revenue and Taxation Committee reports a favorable recommendation on H.B. 140, TAX
CREDIT AMENDMENTS, by Representative B. King, with the following amendments:
written notice
Ryan D. Wilcox
1. Page
3, Lines 68 through 72
:
68
(5) "Wage requirement" means that an employer pays a person who is homeless
$4,000
69
or more in wages during a time period that:
70
(a) begins on the date of hire; and
71
(b) ends no later than
the last day of a three-calendar-quarter period, the
first day of
72
which is the first day of the first calendar quarter that begins on or after the date of
hire
}
2. Page
4, Lines 91 through 97
:
91
(4) The application:
92
(a) shall list, for each person who is homeless that the employer employs:
93
(i) the person's name;
94
(ii) the person's
taxpayer identification
}
Social Security
number; and
95
(iii) the person's current address;
96
(b) shall list the employer's
taxpayer
}
federal employer
identification
number; and
97
(c) may require additional information as determined by the department.
3. Page
5, Lines 137 through 140
:
137
(2)
No later than 90 days after the date that an employer provides the
138
described in Subsection (1) to the department, the
}
the
}
an
139
employer has met the requirements of the participation agreement under Section
53A-5-304
to
140
receive a tax credit certificate
.
}
:
(a) after the employer provides the written notice described in Subsection (1) to
the department; and
(b) no later than 60 days after the date that the employer provides the
department unemployment insurance wage information:
(i) for the person who is homeless;
(ii) as required by Subsection 35A-4-305(8); and
(iii) for each calendar quarter during which the employer pays wages to meet
the wage requirement.
4. Page
5, Lines 144 through 150
:
144
(4) A tax credit certificate under this section:
145
(a) shall list the amount of tax credit allowable for the taxable year in an amount that
146
does not exceed $2,000;
147
(b) shall list the name and
taxpayer identification
}
federal employer
number of the employer;
148
(c) shall list the name,
taxpayer
}
Social Security
identification number,
and current address of the
149
person who is homeless with respect to whom the employer has met the wage
requirement; and
150
(d) may include any other information required by the department.
Respectfully,
Committee Chair
Voting: 11-1-4
3 HB0140.HC1.wpd 2/25/14 6:28 pm lelder/LGE RLR/LGE
Bill Number
*HB0140*
HB0140