Establishes a quarterly schedule for advance payments of the farm employer overtime tax credit.

The bill amends the tax law to create a quarterly schedule for advance payments of the farm employer overtime tax credit. Farm employers can request advance payments for eligible overtime paid in each quarter of the year. To be eligible, the farm employer must submit an application to the Department of Agriculture and Markets by the specified deadlines. The bill outlines the process for submitting requests and the conditions for receiving advance payments. The changes will take effect on January 1, 2027.

Establishes a quarterly schedule for advance payments of the farm employer overtime tax credit.

The bill amends the tax law to create a quarterly schedule for advance payments of the farm employer overtime tax credit. Farm employers can request advance payments for eligible overtime paid in each quarter of the year. To be eligible, the farm employer must submit an application to the Department of Agriculture and Markets by the specified deadlines. The bill outlines the process for submitting requests and the conditions for receiving advance payments. The changes will take effect on January 1, 2027.