Bill > S07326

This bill establishes a tax credit of up to $5,000 for employers with 500 or fewer employees who purchase personal protective equipment (PPE), such as gloves, masks, and face shields, for their employees. The credit can be carried over to the following year if the amount exceeds the taxpayer's tax liability for the current year. The bill provides definitions for key terms like "taxpayer" and "PPE" to clarify the scope of the tax credit.