(a) Except as provided in subsection (b) of this section, for taxable years beginning after December 31, 2000, a Qualified High Technology Company shall be allowed a credit against the tax imposed by § 47-1817.06 equal to 50% of the wages paid to a qualified disadvantaged employee, as defined in § 47-1817.04, during the first 24 calendar months of employment.
(b) The credit under subsection (a) of this section shall not be allowed:
(1) To exceed $15,000 in a taxable year for a qualified disadvantaged employee; or
(2) If the Qualified High Technology Company accords the qualified disadvantaged employee lesser benefits or rights than it accords other employees in similar jobs.
(c) [Repealed].
(Apr. 3, 2001, D.C. Law 13-256, § 203(b), 48 DCR 730; Dec. 3, 2020, D.C. Law 23-149, § 7152(b)(6), 67 DCR 10493.)