As with many labor and employment law related cases (and bills) being litigated around the country, there are always a few that stand out. This is one to keep an eye on.
Last month, two pieces of legislation were introduced in the Maryland Legislature which would provide employers in the state with a tax credit if they would transition employees from a 5 day workweek to a 4 day workweek without curtailing benefits or pay.
Under both SB 197 (introduced in the Senate) and HB 181 (introduced in the House), Maryland employers would be entitled to a state income tax credit of up to $750,000.00 so long as the employer transitioned at least 30 workers to a 4 day workweek.
The legislation seeks to have this policy take place beginning July 1st and extend until the end of 2027.
While both pieces of legislation have just been introduced in the Maryland Legislature, a committee hearing is already set to take place this Thursday.
For a copy of SB 197: https://mgaleg.maryland.gov/2023RS/bills/sb/sb0197F.pdf
For a copy of HB 181: https://mgaleg.maryland.gov/2023RS/bills/hb/hb0181F.pdf
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