SB 416 - Black, Rusty
Increases the maximum gross income for eligibility for the Fast Track Workforce Incentive Grant
Bill Details
Sponsor
LR Number
0782S.01I
Title
SB 416
House Handler
N/A
Journal Page
Effective Date
August 28, 2025
Committee
Current Status
Second Read and Referred S Economic and Workforce Development Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 416 - This act increases the maximum gross income for eligibility for the Fast Track Workforce Incentive Grant from $80,000 to $100,000 for taxpayers who are married filing jointly and from $40,000 to $50,000 for all other taxpayers, adjusted annually based on inflation.
This act is identical to SB 1056 (2024) and substantially similar to HB 855 (2025), HB 2278 (2024), and a provision in SCS/HCS/HB 1569 (2024).
OLIVIA SHANNON