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2008 SPECIAL SESSION II

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HB 6024 Income tax, state; telework tax credit to aide transportation, report.

Introduced by: L. Scott Lingamfelter | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; telework tax credit to aide transportation.  Provides employers a one-time telework tax credit of up to $20,000 to offset program set-up costs, plus annual credits of up to $1,200 per new teleworker, for taxable years beginning on and after January 1, 2009, and prior to January 1, 2011.  There is an annual $2 million cap on the amount of the credits that may be taken.  


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