BOSTON, MA (FRANKLIN COUNTY NOW) — On Veteran’s Day, Governor Healey announced a new program to provide a $2,000 tax credit to eligible Massachusetts businesses that hire active members of the National Guard, with the hopes of increasing economic opportunities for members of the Guard. This comes just after the announcement of the expanded Veteran Hire Tax Credit and the launch of the Veterans’ Equity Dashboard.
“Massachusetts is home to so many talented, dedicated service members, and there are employers across the state who want to hire them,” said Governor Maura Healey. “The National Guard Hiring Tax Credit Initiative will increase employment opportunities for our National Guard members and also encourage more businesses to hire and retain them by offering financial support. This is just the latest step in our administration’s efforts to support the economic wellbeing of our service members, veterans and small businesses.”
“We are addressing the employment roadblocks active service members face and expanding valuable job opportunities statewide,” said Lieutenant Governor Kim Driscoll. “The National Guard Hiring Tax Credit will incentivize businesses to hire skilled service members, empowering these businesses to grow and strengthening our local economies.”
The National Guard Hiring Tax Credit, provided through EOED’s Massachusetts Office of Business Development (MOBD), will support job security for Guard members who are often called away for military duties while also supporting employers that hire Guard members. The Legislature adopted this Tax Credit last session through comprehensive legislation supporting veteran’s and military families.
“The skills, discipline, and resilience of National Guard members make them invaluable to any employer,” said Veterans Services Secretary Jon Santiago. “Through the HERO Act and initiatives like this tax credit, we’re strengthening our workforce and reaffirming our commitment to those who serve, ensuring they receive support both in uniform and at home.”