Delaware HB126 amends personal income tax regulations to require employers to report overtime wages to the Division of Revenue.
Delaware HB126 modifies Title 30 of the Delaware Code to mandate that employers report overtime wages to the Division of Revenue. Specifically, employers must submit data on wages paid to full-time hourly employees for work exceeding 40 hours in a week. This data must be reported annually and includes the total amount paid and the number of employees affected. The Division of Revenue will then report this data to several state officials, including the Controller General, the Director of the Office of Management and Budget, and the Secretary of the Department of Finance.
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