H.B.
140
TAX CREDIT AMENDMENTS
House Committee
Amendments
Amendment 1 February 20, 2014 12:22 PM
Representative Brian S. King
proposes the following amendments:
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
}
two
calendar quarters after the calendar quarter in which the date of hire occurs
.
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 written notice
138
described in Subsection (1) to the department, the
}
The
department shall determine whether
{
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.
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