SC businesses could get break for hiring jobless
Mar 15, 2011 4:16:00 AM - thestate.com
South Carolina legislators are considering giving businesses a tax break to hire unemployed workers.
A bill up for debate Tuesday by a Senate panel would allow businesses to take a tax credit for hiring a South Carolina resident who's been out of work for at least a month. Businesses could claim up to $2,400 per worker over two years. It would break down to a $100 per worker for each month the worker remains in the job, for up to 24 months.
The state's jobless rate was 10.5 percent in January.
Senate Majority Leader Harvey Peeler says it makes sense to provide businesses an incentive to hire residents off unemployment rolls.
The bill passed the Senate unanimously last year and died in the House.
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