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2000 SESSION

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SB 444 Income tax; teleworking tax credit.

Introduced by: William C. Mims | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; teleworking tax credit. Grants a tax credit to certain qualified employers for eligible costs incurred to provide an employee with the ability to telework, for taxable year 2001. The credit equals 100 percent of the cost of the initial set-up to enable teleworking for an employee who works five or more days weekly. The credit per employee is limited to $2,000 annually. Total credits granted shall not exceed $10,000,000 and total participation shall not exceed 10,000 employees.


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