New York Launches First Recovery Tax in USA
Recovery advocates rejoice as New York launches the United States’ first ever tax credit for employers hiring people in recovery from alcohol and other drug addiction.
Law makers aim to boost employment and reduce stigma with the new Recovery Tax Credit Program. It was included as part of the New York state budget with $2 million allocated per year, for employers recruiting people who are in recovery.
As the opioid epidemic continues to impact families and communities across the state, we remain committed to ensuring individuals who are in recovery have the support they need to lead healthy lives,” Gov. Andrew M. Cuomo said in a statement, as per Times Union.
This tax incentive will help remove the stigma surrounding addiction and ensure those battling this disease can create a stable and sustainable path to recovery.”
From 2020 eligible employees can receive up to $2000 in tax credit for every person in recovery they employ. The individual should have worked a minimum of 500 hours on either full time or part time basis.
The state Office of Alcoholism and Substance Abuse Services (OASAS) will administer the program in conjunction with the Department of Taxation and Finance.
Employers who apply must provide a recovery-supportive environment and otherwise meet the program’s requirements.
Empowering people in recovery and communities
OASAS Commissioner Arlene González-Sánchez believes steady employment is vital to recovery. She thinks the program will give another avenue for people in recovery to rebuild their lives.
A steady job means so much more to someone in recovery than just financial gain.
It can be a pathway to maintain one’s recovery because it’s a way to contribute, to get back on your feet,” said Allison Weingarten, executive director of Friends of Recovery-New York, as per Times Union.
People in recovery have so much to give that oftentimes when they get a job and they’re passionate about it, they work harder than your average employee.”