The Franchise Tax Board (FTB) has announced that as of December 29, 2012, $138,439,924 in total New Jobs Credit was generated on personal income tax and business entity tax returns filed and processed. The credit available to be claimed by all taxpayers is capped at $400,000,000. A tax credit of $3,000 per additional full-time employee hired is allowed for qualified small businesses with 20 or fewer employees.