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Full Employment Act of 2011

For tax years beginning January 1, 2012, employers who had no more than 50 employees as of January 1, 2011, are eligible for a $1,000 nonrefundable income tax or financial institution excise tax credit for each qualifying job created. The job created must be a net increase in employment and the employee hired must be paid more than $10 per hour and the credit is available in the tax year during which the employee has completed 12 months of consecutive employment. 

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