DE SB55

Establishes a one-time tax credit equal to the full amount of initial occupational license fees paid under Title 24 for individuals who are 25 years old or younger, or whose household income is at or below 130% of federal poverty guidelines.

Tax credit applies only to initial license fees in the tax year the fee is paid; does not cover renewal fees, reciprocity fees, late payment fees, or change of status requests.

Requires the Division of Professional Regulation to include a statement in initial license application materials informing applicants that they may be eligible for the tax credit.

Addresses barriers to employment for young and low-income workers by reducing the financial burden of occupational licensing requirements, which averaged $260 in fees plus approximately one year of education and training.

Aligns Delaware with similar legislation passed in Arizona, Florida, and Indiana that waive certain occupational licensing fees.