{"id":280732,"date":"2018-07-25T06:00:03","date_gmt":"2018-07-24T20:00:03","guid":{"rendered":"https:\/\/www.saipantribune.com\/?p=280732"},"modified":"2018-07-25T06:00:03","modified_gmt":"2018-07-24T20:00:03","slug":"bill-proposes-incentive-for-firms-that-hire-those-with-special-needs","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/bill-proposes-incentive-for-firms-that-hire-those-with-special-needs\/","title":{"rendered":"Bill proposes incentive for firms that hire those with special needs"},"content":{"rendered":"<p>The House of Representatives would be taking up a bill that seeks to give tax incentives to businesses that hire individuals with special needs.<\/p>\n<p>The House Ways and Means Committee has recommended House action on House Bill 20-160, authored by Rep. Lorenzo I. Deleon Guerrero (Ind-Saipan), which proposes to provide a tax credit worth $10,000 per worker to Commonwealth employers who hire those with a disability.<\/p>\n<p>According to the bill, in order to qualify for the tax credit, the individual must be continuously employed by the employer for a minimum of one tax year and, in order to obtain the nonrefundable tax credit, the employer must submit to the Department of Finance Division of Revenue and Taxation a documented compliance letter for each individual issued by a medically acceptable clinic or laboratory.<\/p>\n<p>Committee chair Rep. Angel A. Demapan (R-Saipan) noted during discussions on the bill that the Saipan Chamber of Commerce supports it.<\/p>\n<p>Rep. Donald Barcinas (R-Saipan) pointed out a few typographical errors but, ultimately, the committee did not oppose the intent of the bill.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The House of Representatives would be taking up a bill that seeks to give tax&#8230;<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[194,19437,7911],"class_list":["post-280732","post","type-post","status-publish","format-standard","hentry","category-local-news","tag-house-bill","tag-means-committee","tag-saipan-chamber"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/280732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=280732"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/280732\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=280732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=280732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=280732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}