| ||Fiscal Note (Dept. of Revenue)|
| ||Although the bill limits the credit to $1.5 billion over its 6-year life, the Department is unable to provide a fiscal impact
estimate for House Bill 3215 because the legislation, as introduced, contains multiple drafting ambiguities, errors, and
incomplete definitions. For example, the bill defines "participant" to mean, in part, a full-time employee who was formerly incarcerated between January 1, 2009 and December 31, 2019. The bill, however, provides later that the credit is limited to 10,000 participants
"newly released" from prison and 10,000 participants that were released between January 1, 2009 and December 31, 2019. Additionally, the bill provides the credit amount awarded is to be between $10,000 and $15,000 each year per participant hired. The bill further provides a list of criteria to be considered in determining the amount of the credit, but no guidance is provided as to how that list of criteria computes to a given credit amount.
These problems, among others in the bill as introduced, prevent the Department from making adequately precise
determinations of who qualifies for the credit and of how to calculate the credit. |