This bill establishes corporation business tax and gross income tax credits for employers who hire certain individuals with disabilities. Specifically, taxpayers can receive a credit equal to 15 percent of the wages paid to a qualified employee with a disability during a taxable year, capped at $2,000 per employee. To qualify for the credit, employers must submit an application to the Director of the Division of Vocational Rehabilitation Services for certification that the employee meets the criteria of a qualified employee with a disability, as defined by the federal Americans with Disabilities Act of 1990. The bill mandates that the director create an application process and stipulates that if the director does not respond within specified timeframes, the application will be deemed approved.

The bill also emphasizes the confidentiality of the information regarding qualified employees with disabilities, ensuring that only the fact of certification is disclosed without revealing any private health information. Additionally, it outlines that the credit cannot be claimed for individuals working as independent contractors or consultants. The provisions of this act will take effect immediately and apply to privilege periods and taxable years beginning on or after January 1 following the date of enactment.