HB1104: Telework expenses; reinstates the tax credit for taxable years 2022 through 2031.

Legislative Summary

Telework expenses tax credit. Reinstates the telework expenses tax credit for taxable years 2022 through 2031. The previous version of the credit expired on January 1, 2019. The bill removes requirements that were in place under the previous version of the credit, such as requiring the employee and employer to sign a telework agreement. The bill also eliminates a previous requirement that credit claimants apply for and reserve credits in advance and instead directs the Department of Taxation to develop procedures for claiming the credit.