Bill > A10920

This bill establishes a tax credit of up to $5,000 for the purchase of personal protective equipment (PPE) by employers who employ 500 or fewer people. The credit can be claimed against the state's corporate franchise tax (Article 9-A) and the personal income tax (Article 22). The credit can be carried over to subsequent tax years if it exceeds the taxpayer's tax liability for the year. The bill defines "PPE" as equipment worn or used to minimize exposure to a communicable disease, such as gloves, masks, and face shields.