DE HB8

Establishes the Ex-Offender Employment Opportunity Tax Credit in Chapter 20E of Title 30 of the Delaware Code.

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

Defines a qualified ex-offender as a Delaware resident convicted of a felony who was released from a Delaware correctional facility within 1 year of hire and works sustained employment of at least 185 days during the taxable year.

Credits are applicable against corporate income tax, personal income tax, bank tax, and insurance premium taxes.

Prohibits qualified ex-offenders counted under this credit from being included in employment calculations for other tax credits under Chapter 20 of Title 30 or Chapter 20A.