Personal income tax: employment credit.

The Personal Income Tax Law allows various credits against the taxes imposed by that law, including, for taxable years beginning on or after January 1, 2014, and before January 1, 2026, a credit for hiring qualified full-time employees within a designated census tract or economic development area, except as specified, in an amount equal to 35% of the qualified wages paid to those employees multiplied by the applicable percentage for that taxable year.