Ackerman introduces tax incentive for wellness

PROVIDENCE – Rep. Mia A. Ackerman, D-Cumberland, has introduced a bill on behalf of Lt. Gov. Elizabeth H. Roberts that would create a tax credit for small employers that implement a wellness program for employees. More

To continue reading this article, please do one of the following.



small business

Ackerman introduces tax incentive for wellness

Posted 5/20/13

PROVIDENCE – Rep. Mia A. Ackerman, D-Cumberland, has introduced a bill on behalf of Lt. Gov. Elizabeth H. Roberts that would create a tax credit for small employers that implement a wellness program for employees.

The program would be subject to standards set by the R.I. Department of Health.

The wellness credit would equal 25 percent of the costs associated with implementing the program, with the maximum credit of $10,000 per business in any tax year. The program would become available on Jan. 1. According to a news release, the Smaller Business Association of New England is among the supporters of the bill.

Ackerman said that while many large companies and public entities have the means to offer wellness opportunities, small businesses have a tougher time offering incentives.

Other states, such as Massachusetts and Indiana, have begun tackling the issue with similar proposals and programs, she said. •

No comments on this story | Add your comment
Please log in or register to add your comment
Calendar
PBN Hosted
Events

Only a few seats remain for PBN's Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Don't hesitate. Register today!
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News