HB 1373 Summary

• Establishes a new tax exemption framework allowing out-of-state businesses and employees to apply for exemptions from state and local taxes, fees, and licensing requirements when performing disaster-related work during declared disaster periods.

• Defines the disaster period as beginning 10 days before a disaster emergency declaration and ending 60 days after the declaration ends, covering work on damaged infrastructure including utilities, communications systems, and public roads.

• Exempts eligible businesses from state and local taxes (including payroll and ad valorem taxes), worker's compensation insurance, unemployment contributions, and licensing fees during the disaster period.

• Exempts eligible employees from adjusted gross income taxes and state/local licensing requirements for disaster-related work performed during the disaster period.

• Requires the Department of State Revenue to establish application procedures and coordinate with state agencies including the Professional Licensing Agency, Worker's Compensation Board, and Unemployment Insurance Board; effective July 1, 2013.