SB805 Summary

• Establishes a state income tax credit for employers whose employees telecommute at least 12 days per month, available for taxable years 2017-2018 only.

• Credit is capped at $20,000 per employer and covers eligible telecommute expenses including computers, software, internet equipment, and professional consulting fees for program development.

• Employers may claim up to $1,200 per participating employee in a given calendar year for initial telecommute setup costs, with a maximum of one claim per employee.

• Requires employers to submit applications to the director of taxation for tentative approval before claiming the credit, with no carryforward of unused credits to future years.

• Defines "telecommute" as work performed remotely using telecommunications devices and applies to agreements signed on or after July 1, 2016.