Section 2.4. Amount of credit

The EIP credit shall be equal to 30% of the first $6,000 of qualified first-year wages for the first year of employment, 20% of the first $6,000 of wages for the second year of employment, and 10% of the first $6,000 of wages for the third year of employment. If the employer provides or pays for approved day care services for a child of the employe, the employer shall be eligible for an additional credit of $600 for the first year of employment, $500 for the second year of employment, and $400 for the third year of employment. For purposes of this chapter, the term ‘‘wages’’ will include salary.

The provisions of this § 2.4 adopted July 16, 1982, effective July 17, 1982, 12 Pa.B. 2292.