DE HB361

Establishes a Work Opportunity Tax Credit program in Delaware Code Chapter 20B to incentivize employers to hire qualified ex-offenders and individuals in substance abuse recovery.

Provides a tax credit equal to 10% of gross wages paid to qualified employees, with a maximum credit of $1,500 per employee per taxable year.

Defines qualified ex-offenders as Delaware residents convicted of a felony and released from a correctional facility within 1 year of hire date, and qualified persons in recovery as those completing a 30-day minimum substance abuse treatment program within 1 year of hire date.

Requires sustained employment of at least 185 days during the taxable year to qualify for the credit, and prohibits counting the same employee for this credit and other employment-based tax credits simultaneously.

Effective for employees hired on or after January 1 of the year following enactment, with credits applicable against state income, corporate, bank, and insurance taxes.